I was wondering if anyone has had any luck in the Houston/Katy area with flipping flooded homes due to Harvey. I have a feeling some are afraid to buy a house that was previously flooded, though if any of you have som...

Which, of course, then drives a lot of business to their regular gigs by way of earned media.It's also been a super successful way to promote the flipped homes to potential buyers.

Most of my success building my rental portfolio has come in areas of purchase prices between $70,000 - $100,000 so I would prefer not to have to force myself to spend more money on property just to meet a minimum loan amount if 100k after 25% down payment.

Owing money to other landlords and utility companies unacceptable, as that has a direct reflection on their ability to maintain a successful tenancy.We don't accept co-signers.

Seeing success first hand will be a huge confidence boost until you can experience it yourself.I hope there's a helpful nugget or two in there. 

Looking to hear of any successful “out of the box” ways that investors have convinced an owner to sell.

I wish you the best of success!

@Matt R.Where they get you is the lease renewals especially some companies that take a % of first month's rent for successful lease renewals [I've seen up to 75% for some PMs].

Focus on paying off the CC and car loan (both sources of bad debt), and eliminating bad money habits - this is absolutely fundamental to long term financial success.

We know investor friendly agents that have had a lot of success with it.