Here are some updated numbers from a property I saw today:4/2, 1600sqfPP: 520k, 25% down, 6.5% interest MTR: $4000PITI: $3500Rehab: 0, property just finished a high end rehabCapEx: 2%, all major systems are new: roof, water heater, HVAC, electricalMTR PM: $330 (8%)Utilities: $300Vacancy: $200 (5%)Overall sightly underwater.

You can build more equity into the property by paying down the principle of the loan with rental income but the LTV is based off how much you put down when you purchase a home and or how much your loan balance is out of the entire asset value, hence loan to value.

My sights are set on acquiring my first rental property in the Austin/San Antonio area, aiming for cash flow and a 7-10% yield on my down payment.Here is my initial plan based on the learnings I have done so far:Property Type: Single Family/Condo/Apartment also open for other suggestionsStrategy: MTR/LTR Budget: $300k - $400kCredit Score: ~750Down Payment: 15-20%Where I need help of this awesome BP community:Guidance & insights: I'm open to any advice and tips from seasoned investors and experts in the Austin/San Antonio market.Experienced team: I'm actively seeking investor-friendly professionals, including lenders, agents, property managers, tax experts, inspectors, and lawyers.

Unless you follow every principle of an LLC, a half decent attorney will pierce that "shield" in a matter of minutes.

If your returns are less than 5% you could invest in t bills with no work and risk As others, it depends on- but that is what I would do That's a good point, a 5 year loan won't be much help, especially if I am not paying down the principle. 

Should have paid to principle early than I did.

Every property that I have sold with New Western, we had it in our inventory for less than 24 hours.5) I personally bought all 3 of my investment properties sight unseen!

Your insights shed light on the imperative role of community engagement and ethical conduct, aligning seamlessly with the principles that govern our pursuit of excellence.Warm regards,Oliver Marson 

Often, we can connect you with professionals in those spaces for your needs and help coordinate the pieces and how they come together without losing sight of the original goal/vision.Before jumping into real estate investing, I did something similar with regard to talking to an estate attorney and finding a real estate-knowledgeable CPA to work with. 

(You are saying the property is worth less today than what you paid for it minus principle payments received right?