Buy that house, clean it up, fix it if it needs fixing and sell it.Buy below market price because the sellers have issues in their life, add value to the property, sell at market price.I would definitely go to Alamo REIA.

@Patrick Rowe Pros are mainly the fixed 30 year interest rate for conventional. 

I suggested and tried multiple fixes for them, but ended up calling someone to service the water heater as well.

We want to take the remainder and fix some minor problems with the residence and turn it into a rental.

I purchased a house in East Austin close to the airport to fix and resale. 

I know I've read on here that some areas are better for renting and some are better for fix and flips. 

The difference is, with a regular amortization loan, your payment remains constant throughout the life of the loan.Make sure that Bank Midwest HELOC rate is fixed.

I have the opportunity to move this business loan to a private loan which is a 30yr fixed at 4.375%.

Instead/as well, do you know how to find, and fix, distressed properties?

I am new to investing and looking at fix n flip in Denver.