You will find out quick that just because you get a license does not mean any business will fall into your lap.Here on BP you will have to build a reputation of being the expert in your area.

Renters can be quick to complain about poor management and you will know if they have a reputation of ignoring calls or maintenance requests.Tell your PM you would like to have quarterly inspections of the property, to ensure there isn't any damage that is going unreported by your renters or ignored by your PM.

I'm sure you can understand this was the LAST place I wanted to air my personal business out, my reputation means a lot to me, (clearly it's not too important to you) that's why I stated at the end of my post that I take full responsibility and I know I got myself in this situation.

The toxic algie last summer didn't help its reputation at all.  

i tend to agree and lean alongside of my colleague from Lafayette, there are some unknowns with auction deals that any seasoned envestor/investor are not familiar with, but doing a HML off the bat is risky and could work counter-productive, if you have any access to the MLS, or visit your local REIA meetup to harness a reputable real estate agent can be useful tool to your success, keep posting but most of all keep sharing

@Jon Klaus Yes Sir, engineered by a reputable engineer in the central Texas area with inspection to be done before pour.

I also think that an inspection is just as important with a reputable company.  

Make sure it is a reputable builder like Tridel who has a good track record and maintenance fees increase at a minimal.

You'll need to find a reputable medical facility management company, OR a good Director of Nursing, and run it yourself.

@Shawn Ackerman  when I started there was no such thing as wholesaling if you wanted in the real estate industry you got a licesne or went to work with a developer or builder or property manager.. you went into resi  or retail commericial etc etc.So for me I got my RE license at 18 and made commission my brokers at 20.. become a HML of some repute by 32.. and so on and so forth all with proper licenses and I worked as a professional in the industry.Now granted what you folks have in your neck of the woods is a lot of rental SFRs  we don't have that here.. and you have a ton of landlord burn out syndrome and or just plain older real estate owned by older folks.. and so on and so forth..