The park has been returning just over 20% on my investment after expenses.Real Estate Goals 1) Fix and flip 6 SFR's/year with cash. 2) Buy and hold as many SFR rental properties as possible using leveraged(bank) money. 3) Buy and hold at least one MDU (leveraged) 4) Partner with others on spec builds in 'hot' Austin zip codes.Currently Seeking Properties to F&F Properties to B&H Equity partnership on Spec builds in Austin (78702 and others) Establishing a relationship with local Mortgage Broker for B&H's.

We're planning to "buy and hold" and tenents will be making payments to the LLC.QUESTION: Would these payments benefit the LLC as establishing business credit for future loan in the LLC name?

I realize there are tons of resources out there- but as a beginner learning the game, its hard to top being able to physically spend time in the area and be able to physically go and see properties before putting offers in.

After that, I know I'm playing a numbers game where the odds are overwhelmingly in my favor.

This works well because I've established a goal of purchasing one property per quarter.

I would love to say I've got all home runs, but you can win a game with singles and doubles.The quick stats.Purchased via auction.com for 86,000 with a partner.Renovated, all cosmetic, paint, carpet, tile, some appliances, etc, etc.

Creating other streams of income is the name of the game I play as well.Since you plan on holding rental property, check out this video for quick tips on how to evaluate deals as they come along:

One thing you may want to watch out for....sometimes the investors who have been in the game for a long time and have made a lot of money, especially at this price point, have not kept up with maintenance, or have purposely neglected maintenance because they knew they would be cashing out soon.

The wife and I's game plan is to find a turnkey SFH and that we can do a little rehabbing/upgrading to, adding value over the course of 1-2 years.

You also should have pre-established goals ahead of writing ANY offer.