My husband and I recently raised rents substantially on 2 of our rental homes.

Unless you put in a substantial amount of startup cash or have some sick networking skills you're not going to get any good deals in Austin. 

Once this is done, I'm excited to study more about HELOCs and other ways to snowball deals without ever again having to use any substantial amount of my own cash. 

As a full-time student I have almost zero income, but I am fortunate enough to have received a substantial amount of inheritance money from a relative (lets say around $50k).

Many of these building are ridiculously cheap to purchase because they have been neglected for years and require a substantial rehab to modernize and make them energy efficient.

Initial thoughts are removing trees to give the parking lot a more open appearance, and installing LED lights to light the parking lot up substantially more than it is.

Having a substantial amount of money in the bank is dangerous, because you will tend to render a bad deal into a good one by throwing money at it to make the numbers work.

Once you do this you may find that depreciation, taxes, insurance, mortgage interest, maintenance, and management costs reduce your income substantially, perhaps even to the point of negative income you can use to get refunds from prior years taxes!

If you have no track record lenders will want substantial liquidity post close and for you to have a lot of experience in real estate.It also helps to have several other properties paid off as they’ll look at that as assets you can use in case things go south.

One of my grandfather's has built substantial wealth in the stock market, the other in commercial real estate and businesses.