Hi Daniel, if your looking for rentals make sure to look at the percentage return on your money, but some of the other cities outside of Austin may offer lower priced properties if that is a concern.

@Mark Robinson@Mindy Jensen questions are pertinent as the contributions come from your salary and the company and it seems the lawn business only provides so much is one concern I see. 

But I just have a few questions and concerns about contracts, how to market effectively to sellers, how to know what repair cost will be for damged houses, and etc.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

As others have mentioned, if the 1099 is issued to you for an account that was supposed to be opened for your 401k, this is an issue that should be addressed with the bank.

I am a little concerned about making the change because I am wondering if tenants will be turned off that there is basically a small living room/kitchen and that is the only communal space in the house.

I am a little concerned about making the change because I am wondering if tenants will be turned off that there is basically a small living room/kitchen and that is the only communal space in the house.

The HVAC is around a 2000 model so that would be my main concern. 

Not a lot of details but if this place has the potential of 3500/mo and they're giving it up for just 55k....it must have some serious issues that must be addressed beyond the scope of practice for a beginner.