I have been interested in real estate investing for a number of years and starting to look seriously for some properties around the Houston market.  I'm a millennial and live close to downtown so fit in to this demogr...

@Kim Younkin  clients of mine have been doing what the article talks about far before Hedge funds became a thing... default rate on those is about 90%...

I assume you are basing your offer is on the physical things on that property.  

https://www.biggerpockets.com/renewsblog/2015/03/0...You are not buying a 30k pig but the article explains CapEx well and tells you why it matters.

Western Union's business) will have a greater impact on economies than a physical wall.

Hard money is a term used for loans that are backed by the physical real estate, usually coming at a slightly higher interest than a typical commercial or residential loan type due to the higher risk and shorter term period.  

I am currently stationed across the country so I can't physically go look at any of the properties.

 :)Any plumber can help figure out if it's going to be physically practical to submeter based on the existing construction.  

In the mean time I'm doing my due dillegence , reading articles on here listening to podcast daily three or four times a day.

@Matt OwenHere's were your physically going to have to go down to the county court house: 1215 Truxton Ave. 1st Floor.With the decedents case number to access the file, everything pertaining to the property will be displayed: NOD, NOT, current appraisal of the property, creditor claims etc...If there is a medical claim depending how large it is, this is going to have to paid as well.