It is post like this that inspire me to continue my pursuit to get into the market place and start realizing my REI goals.

He's been here before...TX laws seem fairly landlord-friendly, or at least written with some common sense, so the best course of action is to have the owner sit down and write out absolutely everything he can remember.

If real estate is your goal dont give it up because it is taking longer then you thought it would to get the ball rolling.  

I want to learn as much as I can while making a bit of money along the way initially, but long term goals are to build wealth through buy and holds.  

For the first my aim has been to wholesale it to get the experience that way and then learn the property way to add value and reposition when I am to buy and hold - which is the long term goal.

The most common reason for rejection here in Las Vegas is the occupancy owner/renter ratio.

Currently main goal is: 135k cash.

Worth a case-by-case analysis of your goals and means.

Figure your PM at 8- 10%, you will have garbage, lawn/ snow maintenance, water sewer, your taxes, insurance and loan payments. if there is common hallway or outdoor lighting, is it metered separately, if so, you will have that expense as well. 

My 1st year goal (although I haven't quit my job) is to purchase 3 rentals.