I started looking for value ad opportunities and changed from duplexes to single family for a more hands off management, which is what I needed to scale up while still working for a global company.The following years the rehabs got more involved and the properties got more expensive, because I started to realize that only a certain quality of neighborhood would allow me to do a full blown gut rehab and not lose equity in the process. 

Our city certainly offers some great opportunities for Investors.

My debate I am having with myself is should I consider managing my first property or two so I can gain the experience (Been there done that, got the t-shirt kind of deal) or should I put my faith into a management company from day one, freeing my time up for other opportunities?

I don't think it's smart to accept a counteroffer and bank on the inspection and appraisal reports to come in and allow for a rescinding opportunity. 

Austin and the surrounding areas (Cedar Park, Round Rock, San Marcos) offer lots of opportunities for rental  properties, and offer great places to visit.

As 'newbies' trying to enter the RE game as multi-family rental investors, we have first been working on establishing our team - asking as many questions as we can - networking with those we already know (and don't) - trying to gain knowledge and build a foundation.With that all said..My partner and I have the opportunity to meet with a attorney who specializes in both residential and commercial real estate. 

I know this is an old thread, but I am looking at some opportunities in Alabama and I am curious about how this story evolved.

definitely need cash flow as I don’t think there is much opportunity for appreciation in Wichita.

Hey Everyone,I have been scouring college towns all over VA looking for some good opportunities and they seem to be few and far between.

Due diligence for land use is not much different than due diligence for REI... you have to understand constraints, opportunities, and know who to talk to.I would consider myself (and many other architects) the right first step as to what your current/future options are.