Hi Vanessa, Houston is a robust market.

My broker/agent has built a robust lead generation network and caters to investors.

My longterm (20+ years) goals are to become a multimillionaire international real estate investor.My short term (1-2 years) goals are to wholesale, wholesale, and wholesaleMy medium length goals (3-5) are to invest in SFR's, duplexes, triplexes, and 4-plexes with the intention of 1031'ing them into apartment complexesAround the 6-9 year range I plan on having a pretty robust portfolio including some long term SFR's that were too good to sell, along with some apartment complexes.By this point I should have sufficient enough knowledge/experience/capital to seriously see myself moving closer to my ultimate goal of becoming a multimillionaire with properties all around the world.

I haven't quite saved the lower of the two amounts yet but am strategizing.

Our particular approach doesn't require the refinancing on a particular timeline- it wasn't strategic but I sure am glad we did it that way!

Said home owner can walk and the lenders only recourse is the asset this is what led to the strategic default scenarios in AZ NV and CA  The fact that this is LAND then I would say the bank can sue for a deficiency and get one from the buyer. 

But, in my view it is the most robust and viable precisely because it forces us to think through what the cash flows might look in the future and why, and what our exit might look like, and why ?

I'm also here to communicate wholesalers ( for any tips or advice for a "newbie") and investors ( to find out the property desired, price range flexibility and to create a actively robust buyers list).

If the insured does not have sufficient personal liability insurance in excess of $300k and a $1 million dollar plus umbrella policy or if the insured lives in the property a more robust DP policy will be in order along with the umbrella and flood policies.Individual HO-4 policies will be needed for each tenant but that is the responsibility of your tenants. 

The first thing I'd do is educate yourself on the strategy you want to pursue - single family is different from multi-family and then be strategic with your market.