No damage except for 1 spot on the kitchen counter.

As Waco continues to grow, which neighborhoods do you think are on the rise, and what indicators do you use to spot emerging investment areas?

so the idea that you'll make a few calls, or spot a distressed property and sell it, and make a quick assignment fee... it's probably not happening.again, not trying to be discouraging, just realistic.

It doesn't take long to learn how to spot a good deal.6.

I remember me saying on here somewhere in a post many years ago that cycles can be a game of musical chairs when no more spots the investors crash.

I think you're spot on in there not being an obvious decision.

HVAC duct work insulation is also deteriorated.No vapor barriers installed eitherSome fungi/mold growth notedPlumbingMultiple small leaks under sinks and from bathtub and toilets.House has Polybutylene plastic plumbing which is dangerousMain shut off valve is damagedElecticalSome small exposed wiring and bad splicing.Whole house has no GFCI's or grounding outletsInteriorMoisture spots on ceilingExteriorLose Vinyl SidingDoor Jams and Window trim have moisture damageDriveway need replacementRoofingMinor leaks noted in atticRecommended to replace roof covering, but not whole roofSome fungi growth noted in roofSo some of the question I am trying to tackle with this work is:How much should I budget for the main issues listed? 

You're in a solid spot with your savings—keep going and feel free reach out if you want to dig deeper into any of these routes.

However, the problem is the paint stains will often show up as darker spots in the stain and can look unsightly.

Depending on your financial situation, negative cash flow for a couple of years may make sense (talk with your CPA).The local REIA is a great spot to connect with other investors, there is one at Mazama Brewing every month in Orenco Station.