We are exploring a construction Loan and home equity line of credit.

We are exploring a construction Loan and home equity line of credit.

Any tips on how you find quality tenants in the Austin Area?

@Stefano Gasperini - since you are close to Delray, start by using these tips to find an investor-friendly agent - https://www.biggerpockets.com/blogs/10015/64777-5-...Most agents are happy to put you on a MLS drip every day, but you will need to follow up with questions.

@Carl Fischer has some good basic tips to choose a provider.

I like the tip in here to do a small increase every 6 months to ease them into it and make sure they're prepared. 

Let tenants know what progress is being made,, and that you will credit the days of non use off their upcoming rents..Download your landlord tenant laws for your state,, this is a disaster not an average repair problem so understand what your rights are and what your tenants rights are.. 

I used 0% interest credit card promo to finance $20k utilities to the property and it still needs 10K to get it in mint completed condition.

This is important to show your lender so you get credit for your payments towards your total DP at the time of closing.This will buy you time to get the rest of the funds, and also lock up the property.If you negotiate a longer Option period than from now to 4/18, you will have a longer time to get your funding in place, and get a larger total DP credit.

I was wondering if some people could give me a few tips on how to start this process.