The building appears to be in a fairly large industrial pocket and I read that Arlington is home to the largest business park in North Texas so I'm wondering if the truth is there is too much available for rent and not enough demand?

I'm 27 years old with a wife and three children and I am looking to invest in real estate within the next year.

Also, a conventional loan will not pay for the repair costs, so that would come out of your pocket whereas a private or hard money loan may cover most of it. , the method is meant to make for a quick turnaround. 

@Javier DiazWelcome to Bigger Pockets.

The way I currently price LLC formations, a TX series LLC ends up about $300 more per LLC with about $100 out of pocket per series.

@Quin SimpsonWelcome to Bigger Pockets.

I personally have used hard-money loans on the three homes I've purchased (2 flips and one rental).

Hi, I am new to Bigger Pockets and am currently studying at Rochester Institute of Technology.

@Bryan MossWelcome to Bigger Pockets.

There are still markets in the United States that allow either the beginner investor, or the seasoned expert to invest at low price points in B class neighborhoods.As real estate prices have generally recovered since the financial crisis, there are still pockets that remain, where if you know what you are doing you can purchase a home for between $60,000 - $100,000 in a solid B class area with infrastructure supporting a tenant and home owner demand (Just ask all of the Midwest folks)These homes range from 2 bedroom, 1 bathroom all the way up to 4 bedroom, 2 bathroom and even duplexes.Price sensitivity is important for many reasons.