Most don't ever try drawing from concealment, something you might want to be familiar with if you CC.

How much you intend to scale is an important consideration.

But I do think that Texas' continued attractiveness to business (Thank  you anti-business CA) will continue to draw workers.  

Okay maybe I'm drawing a blank here but from my understanding when you get financing to buy a house, the bank/hardmoney or whoever gives you money just to buy the house but not to renovate the house and make repairs.

If you can draw a floorplan and upload it, we can give you a better idea of what we think of your original idea too if you'd like . 

So yes, the place is small and the area isn't that great, but it's increased in value almost $250K over the past four years so I'm ready to sell and walk away.Elizabeth Colegrove , I guess I'm "risk averse", and despite a > 800 FICA credit score, I'm not sure how easily I'd get a reasonable mortgage since I'm hoping to use the rental income to replace my W2 income within  couple of years.My basic goal is to purchase enough units (1-2) within two years to cover my day to day expenses until I start drawing from my retirement accounts and portfolio in my mid 60s (20 years from now.)

Hard costs can go up considerably if you have to blast rock for foundations and haul massive amounts of dirt.

Another consideration would be to find a wholesaler who would be willing to mentor you.Just a few thoughts

Another consideration is if it really makes sense for him from an investment stand point.

In my state, property taxes can be low due to Homestead tax exemptions on primary residence, especially if the owner has lived there a considerable time, because there's a cap on tax increases each year for homesteads.It's always a good idea for agents to forewarn buyers not to rely on property tax estimates long before closing.