Ideally this would grow and eventually give off enough cash flow to buy more when I get back to the states. 

Doing small things right now and eventually want to do some value add projects to add forced appreciation (e.g. update the bathroom, add a deck) Lessons learned?

If their asking price is too high, eventually they will have to renegotiate with the seller and that could put you in a place to get the property.

Eventually, I would like to get into multifamily properties (small and large) but I want to get more experience under my belt with BRRRR and flipping before adventurIing myself with bigger and more complex projects.For those who are actively investing in DFW, what areas north of Sam Rayburn/DNT are you focusing on?

We want to buy a property (old motel to convert to furnished housing) from the city at a discounted price, it was suggested that we submit a redevelopment proposal to the city council.

I was wondering what you guys think the best company structure may be in terms of entities in terms of both flipping houses and also holding rentals and eventually using 1031.

When you move out, if it’s in a non-primary residence STR-friendly city, you can convert the entire property to a STR - whether 1 unit or 2 based on that city’s STR rules.

We would want to hold on to and rent the property (possibly do short term eventually).My wife and I have two rental properties already and idk if the bank would let us get another mortgage for an investment property with no rental history.

To the left of the home the property has already been converted to a business offices (although it looks just like a home on the outside).

Split level, basements, converted garages are all ways to create more income and separation.