You can as long as the contract does not specifically disallow it,  but it would be unusual for there to be enough meat on the bone in today's market for three levels of investors.

Not afraid to get my hands dirty on a rehab, but must qualify VA/FHA.I've read tons about the broader topic, but I'm hoping to get a bit more "Dallas-specific".

If you have specific questions about property management, I'll be happy to help!

@Gui Qiu I would speak with people who have a current and clear mastery of estate planning in this specific instance and not random people on the Internet like me..............my understanding is the inheritance tax applies to the recipient; in this case you.

Hi BiggerPockets Community -I'm currently taking on a flip that's going to need some repair on the roof (specifically the truss) due to some fire damage prior to the acquisition.

It's very specific to your market and the nature of the downturn. 

If you have specific questions about property management, I'll be happy to help!

@Theodore Arzt I can't answer about this specific individual but I can tell you I have rented to people with felony convictions before and they were fine. 

Normally your attorney will provide you a specific guidance as to the expectations of it.Happy to chat more offline if you have any additional questions. 

I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?