Your spreadsheet at the end (even if it is oversimplified) opened my eyes to the power of using private equity in your investments, although I imagine it comes with its own risks.

The issue is, I believe in Tullahoma, the cost to develop land (road, electrical, plumping, etc) will be more expensive than the total revenue from the lots.

Don't underestimate the power of real estate even if you don't know the whole picture yet.

Don't underestimate the power of real estate even if you don't know the whole picture yet.

I forgot an unintended consequence of the electric car requirement - what happens when all the electric cars are charging?

I want to see what I can do to get started.BRRRR also seems very interesting and powerful although rehabbing a house seems a bit intimidating at this point in time, especially when I am working my 9 to 5 during the workweek.To reach my goals, I will continue learning about REI through the podcasts, the weekly webinars, real estate books, and joining Houston real estate meetups, either in person or online, to network with local investors, share ideas, and see what they are doing to have success in REI in Houston.These are my initial thoughts and goals.

The upstairs of the house is on single room that we completely renovated and just finished last month (removed plaster, new electric, insulation, drywall, and new ductless heating and air unit).

If by some miracle I ever did, I would do everything in my power to make sure the tenants NEVER found out that I was their landlord. 

When you start to move walls, plumbing, electrical, or rehab a bathroom you will need permits. 

No criminal background.He has his own electric company so he his self-employed with 6-figure annual income.