You need to be conservative (me, I'm ultra conservative) and think about what could go wrong and how much money that will cost you.

A variable rate loan should have also been highly favorable to them as we moved into an ultra-low interest rate environment.  

Thankfully everything has gone as planned due to us always being ultra conservative with our projections and taking care of our investors hard earned money.I think a solid way for people to get started is to House hack and live in a home with an FHA loan where they wont need a ton upfront.

Build it up one block at a time... and for young guys like us, we need to let go of the idea of being ultra rich so fast.

I have a better buyer who understandably wants a structural inspection on the Friday Morning and I know for fact he's an ultra big buyer though this is our first deal, but may or may not take the deal after the structural inspection.

I find my ultra high net worth investors (tens of millions or more) really do not care as much about cash flow as they make tons already and just more taxes to pay.

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As investors go I notice their nerds, they love to boast and brag about their latest deal and the good ones will inspire and motivate you with good advice and help you grow.

I want to partner with an investor or investors and list these units as ultra high end (luxe) short term rentals.

Just remember, you make your money when you buy, and with how tight the DFW market is, you need to be ultra selective about choosing your project.