Even a single family builds can vary significantly based on site conditions and required structure/design.

In Texas, as a licensed agent, you’re generally required to use TREC-approved forms for real estate transactions unless an exception applies, like (I believe) leases longer than 1 year or where no TREC form exists.

Set clear and consistent application requirements so you can base your decisions on solid facts.

You would have ongoing filing requirements with the State and would need to keep business records and documentation.

Not many people dig too deep on the actual requirements so kudos to you.

I only charge markup on maintenance if it's a larger project that requires more coordination, supervision of the work, and inspection after completion.

.  --- From the zoning code it says, an RM-2 zoned lot can have "1 unit per 2,500 sf. of lot area"If you don't meet that lot size requirement you'll need to make a request for a variance, then post notice about the desired change in front of the building.

Your $80K HELOC can serve as the down payment, as most lenders require 20%-25% of total project costs upfront.

Scaling from 8 to 20-30 flips per year requires a strong financing strategy, and business funding can be a great way to access capital without it reporting to your personal credit.

Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies.