Or is there a way to get any of my initial money back out yet?

Should the initiative pass in November, cities and counties would be allowed to change existing laws, or adopt new ordinances without any restrictions.

@Jay Hinrichs This was my initial thought and I talked to my accountant and he said that I could potentially rent it out for a couple of years and still pay no tax.

But I’m not sure all the steps to making that happen.

Account Closed No I am not yet in my option period yet as the seller hasn't signed my offer (which was accepting their counter from my original offer with a small caveat) but wanted to take a step back first before taking any further action.

I know I am ready to "make a move", but I don't know what is the most important "first" step after reading all the books, taking notes at the seminars, and being motivated from the real estate Podcast.  

Take a step with pre-approval so you know your eligibility.

Hi,I've been browsing bigger pockets for some time and reading various books about taking that first step and getting my first property in San Antonio Tx. 

If you haven't already, step one is finding yourself a good agent, lender, property manager, and CPA.

I too am looking to wholesaling initially.