The next person is well employed with a lower credit score and is accepted.

Though it might be naive, I was thinking of a buy and renovate project that would cost between 150k and 200K.Any recommendations and/or resources towards this goal would be greatly appreciated.Hi Damion I have a long time friend that has been doing fix and flips in Philly for the last decade..he’s certainly done very well for himself. 

I can also say I believe these areas will show great appreciation over time as well as they're constantly growing and becoming more attractive.

I have been told that you cannot do this business unless your spouse is on board, but here I am with well over 20 years in investing and over 30 units and still doing it. 

I don't know your knowledge level or background, but if you're new to this, you'll definitely want to do some reading and learning around how yields, IRR, bond pricing, and time-value of money work to have a conceptual understanding of what's involved.

However, I strongly suggest to seek a structure engineer or architect/drafter that guide/help you on planning and dealing with zoning permits as well.

The (property management) owners had great knowledge, answers, and talked about their systems, but that didn't translate to execution at the manager level.

I will Airbnb this property as well bringing my total number of Airbnb's to 5!

Location: Springfield OhioIf you have no knowledge or experience, I recommend you hire an attorney.

I live In the Austin area as well.