I wanted property manager since I thought he/she will operate the property during permit inspection, ongoing maintenance, rent collection, finding tenants & oversee property follow local rules and laws (as I'm out of state investor).But now I understand I've set the bar too high.

Thankfully, I had this past year to get my feet wet doing the remote landlord thing from across the country - now I get to figure it out from the other side of the world 😅 Totally appreciate all the info sharing and support!!

Also I have seen here in Oregon when out of state lenders come in with no license they end up making interest free loans as well if the borrower catch's on that they are not state licensed.. does not matter on a 1 to 4.. any loan in this state needs a license if you hold yourself out as a lender.. there is the 3 a year rule for local citizens in their IRAs that do not hold themselves out as lenders.And also not quite the same but on the same line as Treble damages.. if you cut timber off of your neighbors property in Oregon by accident yo can be sued for Triple stumpage..

If you have a home that is currently work $100k, and your neighborhood will only support values up to around $125k, but you're planning to throw $100k in renovations at your house, then understand you may never be able to recoup that value.) 

I know my dad will be our main support during this entire process, but I would like to hear your guys' advice! 

I’ve encountered properties where a do it yourself we had removed a wall and didn’t engineer it but rather used 2-2x4’s to support it so it obviously caused sag and we open it back up and correct it.

Hi all, I was reading some articles from Brendan Turner about buying right - how he looks to buy property at 70/80% of the valueIf you follow this rule, what are some rules of thumb you use to identify these opportunities? 

Furthermore, the better platforms understand this quandary and are unwilling to support it.For both these reasons you might want to consider promoting your project directly yourself in combination with any work you may do with a crowdfunding platform that will list your deal.

Is there an area within 1% rule in Houston?

However, that comes with a bunch of additional rules and regulations.