My name is Nico Banuelos, and I've been actively involved in real estate since 2021.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

While I haven't done new construction as an investor, I've been involved with them on the design and construction side. $15-$20,000 seems like a very small profit on a $500,000 house.

You can also use a company online that will use a machine to “hand write” your letters or postcards, fill out the envelopes or postcard addresses, and apply the correct postage to them.

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do. 

If I have a skill, knowledge, the right contacts or or a passion that can be leveraged into potential gains, that is where my money is applied.

Typically, the same applies to LLCs where you and your spouse are sole members (single or multiple member LLC).

I can see how this idea could possibly apply to other FHA requests too. 

Let's view this another way, a tenant applies to rent who was convicted of burning down a previous landlords property.

5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.