To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

@Ryan Holtz the Midwest offers many cities that will lead to cashflow on a purchase with 20-2% down.The challenge is YOU understanding the differences between Class A, B & C, so you invest wisely and your expectations are met.You'll probably want to target Class B or C for cashflow, but make SURE you understand the pro & con differences.

You may be entitled to taking deductions used to generate your income.Hello Basit.Which state do you practice your CPA in? 

As one of the biggest home buyers nation wide, word has it that New Western has 4 dispo reps for every 1 acq rep.  Thoughts on this?

For example, the costs to obtain the mortgage are typically amortized over the life of the loan.Real estate also offers expenses that do not involve cash coming out of your pocket. 

Looking for guidance, tips, suggestions, best practices as to how to go about it.

Any and all advice/input is welcome I'd love to hear what this community has to offer. 

Hard Rock Hotel (Downtown San Diego) has offered investment ownership opportunities for certain rooms within their establishment... has anybody had experience with this or horror stories of such investments?

An example of a reason to talk to them might be "Cash For Keys", to offer them a chunk of cash to leave instead of going through the eviction process.

Video Tours and Live Streaming:  Offer live video tours or virtual walkthroughs of the property, allowing out-of-state buyers to view the property in real-time and ask questions remotely.Combining these methods, sellers can effectively market their property to buyers in different states, maximizing exposure and increasing the likelihood of a successful sale.