I don't want to spend that kind of money to find out that its something where they just throw a lot of information your way and don't really mentor you through the process.

From surveying and planning to obtaining permits and architectural design, the journey to make the land shovel-ready demands time and energy. 

I am looking to invest in my first rental property locally in and around Austin areas and wanted to see if there are any local kind hearted veteran investors who is willing to share their knowledge on how to get started in this process as i am completely NEW to rental property investing. 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Working through the financing process and need to get a homeowners insurance quote.

More specifically this investor, who had $120,000 cash on hand wanted my opinion on whether he should fund the acquisition and renovation and complete one home at a time or use financing for the acquisition and renovation and by his estimation complete up to three properties at a time (with reasonable reserves) then refinance the properties upon completion to complete the BRRRR process.

How different would that process be, or other avenues I’d be able or pursue..?

If so, what is the process or worse, what if the other lienholder refuse to sell? 

60k is a bit less than you need in tampa. lots are 75k for infill ground up multifamily which is the realistic only way to be in the urban core is to build and design what you want.

Additionally, I'm curious about any challenges you might have faced during the process and how you overcame them.