This can provide liquidity for your next investment or accommodate potential relocations.No Residency Requirement: Unlike house hacking, fix and flips don't require you to live in the property, allowing you more flexibility.However, keep in mind the challenges and risks associated with fix and flips:Market Analysis: Successful fix and flips require a good understanding of the local market.

@Catherine Javier I have worked with a number of great CPAs that specialize in real estate taxation over the years and would be more than happy to provide you with recommendations if you'd like?

We would enjoy keeping vacancy rates as low as possible, providing great tenant support, and even some simple maintenance and up keep on short or long term rentals.

Document all communication, including any promises made by the tenants to pay rent or excuses provided for non-payment.2.

you would provide what many want which is diversification on neighborhoods you clean up all those shells and you bring in a hard working labor force which many are very skilled whats the down side ?

Landlord provides tenant (at tenant's decision) the option to limit potential damages by agreeing to pay 2X rent as lease break fee".

As a result they’re forever attending seminars, workshops, classes provided by various real estate organizations; they’ve read every book ever written about real estate twice; they believe that they could be worth $1 billion now if only they had chosen real estate as their college major instead of medieval literature; but soon as they study for their real estate license in all 50 states they’ll be ready to begin.The Guru Junkie – I met this person while I was the designated provider of financing for a guru – back about 30 years ago.

I'd be happy to provide guidance.

These gatherings provide opportunities to meet wholesalers, investors, and other real estate professionals.Utilize online platforms like BiggerPockets to connect with investors in Austin.

appreciate all the advice and I'll be following up with some of you to pick your brains as we get more involved in the due diligence and underwriting of potential deals.One thing I should have mentioned is we have a couple of relationships with a few private investors (family, friends, etc.) who have expressed interest in providing the capital if we find a deal that pencils.Thanks for all the feedback so far everyone.