I am brand new to investing with no property currently. 

I'm brand new learning this stuff and I'm already getting that tax stuff is massively important.

I haven't purchased investor leads so I can't comment on the cost per lead, I've built relationships with all of mine through networking, branding, marketing, and so forth.

My first step towards this goal to buy and househack a multifamily property by November 2020, taking advantage of the FHA 203k Loan for a lower down payment and being able to make improvements to the property.I've read a few books (Financial Freedom with Real Estate Investing - Michael Blank; The Book on Rental Property Investing - Brandon Turner; Rich Dad, Poor Dad - Robert Kiyosaki; and Quit Your Day Job by Oliver Trojahn), and listen to the BiggerPockets podcasts and webinars, as well as various YouTube channels.

So in both cases you would have negative cash flow at a 50% expense ratio.I would hesitate to use a lower expense ratio unless everything on the house was brand new & didn't need replacement or much maintenance.

@Logan Oliver check out the expenses video for GovernRent on YouTube, it has a pretty straight forward way to keep track of all your expenses.

Built brand new!

It’s a brand new one read more here: https://www.dailybreeze.com/2020/02/16/the-many-flaws-of-prop-13-the-2020-impostor/amp/.

Hello Everyone,I'm a brand new investor trying to get started in the Houston, TX and surrounding areas.

At least in Ohio, being a commercial broker/agent is simply branding.