new investor but ready to get started would love to connect with other investors in the Dallas market hard money lenders and wholesalers 

Hello BP Members,I'm starting on the journey of an investor based out of Dallas, TX.

We have renters there now and they cover the mortgage with a bit of cash flow ($100/month), but the property is going to need some more major updates (windows, roof, HVAC, siding) within the next 5 years as they are starting to be at the end of their useful lives.We would like to pay off our primary residence as quickly as possible to “free us” from mortgage payments on our primary residence.My questions are below:1.

I've been going about as long as you have and things are starting to come together and happen for me here in Sacramento.

What you can do is let them know that you can no longer subsidize the tenant and that you're preparing to start the eviction process.You don't need an attorney to tell you that you are running a business - not a social services organization. 

Several years prior to Covid I got my finances in order to start investing.

What would you say your goal is: A) Cashflow Growth B) Net-worth Growth  The goal is to learn as much as I can about multi family or similar apartments and to get started by the EOY.

Not sure if there's a lesson to be had there, but that's how I found it.I'll say though that once you know what you're looking for and create an industry specific network, you start to find them with some frequency.

I was under the impression that I would still need 20% down for DSCR even if I owned the property.

Action Steps to Start Building Passive IncomeResearch Your Market: Determine whether your area is better suited for short-term or long-term rentals.