If it is not provided or not a rental, talk to a local PM and realtor for their experience as to what to expect and then take 20% off of that

In return for the commitment and remarkable hustle I'm willing to put in, I expect to become a whale in this industry.

Even if you cash flow a bit less than expected, or rehab costs a bit more, it will even out over the years of holding and renting.

Care to share the numbers (sold comps; expected monthly rent; your thoughts on offer price)?

I would do it again, it doesn't cost anything other than time spent replying to potential tenants, but I won't expect a ton of people to actually apply

Everybody and their brother wants to do flips....those who haven’t done them before have unrealistic expectations of profit potential or are too conservative in their numbers in order to be competitive.

So, with high demand and a fixed/limited supply of real estate, I'd expect Cedar Park to do better than the Pioneer Crossing area in appreciation and rent growth when buying a resale home over the near and middle terms.

Probably not.Of course, this would be different if you were looking for finishing money and the broker offered you something that made sense with an expectation to make it back after the sale.

@Eddie SorrellWe are going through the same situation currently with a duplex we expect to close on next month.

On the other hand, I expect that anti-landlord policies will be firmly entrenched and taken as gospel.