Looking forward to learning more of the processes and expanding into a few short to medium term rentals.  

I will definitely have to sit down and figure out what area of study goes along with what I want to do and learn.

Lesson learned and will be more careful in the future.At this point, I am going to have an attorney send a formal letter to cancel the contract and return part of the down payment less the work that's done.

That said, through conversations with brokers in the area (and evidenced in the comps I’ve created) I’ve learned that this strategy may be slightly outdated as most properties are currently at market rents given the current rental environment, expenses aren’t a realistic lever to rely on to add value, and there is a real risk I get priced out of the market by buyers with cash, 1031 exchanges, and with longer term hold strategies willing to pay an extra $10-20k per key.

You're in the right place to learn about remote real estate investing.

I'd love to hear what you have to say & learn how to navigate an opportunity like this. 

Hello Everyone,I am relocating to the DFW area and I am looking for some REI meet ups to attend and learn about the area.

I want a show of hands of how many investors would like to learn how to use the MLS to go after on market properties?

Plus I think I could learn a lot if I jumped into residential. 

Learn more about REI, understand the market around you, then buy deals that match the strategies you want to pursue.