My first thought is probably not to keep your house in Frisco as a rental. 

A few interior photos of the house we're already renting.We want to improve our mgmt processes along with home improvements as needed.

In your analysis, be sure to include those criteria the investor considers most important (cash on cash, cap rate, DSCR, etc).Also consider what you know about the private lender @Michael Dallas.

Well, you need to put yourself in the mindset of someone who has an urgent situation and wants to sell their house quickly.

Compromise with your parents — save up from working and then invest in a home near the college you’ll attend and house- hack it, renting out the other rooms and gaining landlord experience while earning a degree.

But to me, Real Estate is not something that you can 'dip your toes in'.

Heloc or DSCR HELOC so you can operate with cash in hand.

They sign the contract, hoping to find a buyer willing to take it on.Instead, go in with a maximum offer in mind from the start.

Would it be wise to try a house hack (considering I can find a deal!)

I’m new to BP and real estate investing, but I’m very passionate about it since I work in multifamily construction.