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Hi Jason, I'd highly recommend checking with the sellers to find out if the condo is warrantable or non-warrantable.

A few of my private lender buddies recommended these, and they have some for wholesale as well.

If there are any pockets of Phonix you can recommend that would be great too. 

However, especially for your first, I would suggest the money you pay for either option is a better value than doing it yourself.Pursuing an investment with a partner does complicate hings slightly and I'd recommend discussing the legalese with an attorney.How do you stop a tenant from wrecking your property? 

Don't hesitate to seek advice from experienced investors or professionals in the field.

This was a great purpose for them, but I do not recommend them for a value-add at all. 

Just be careful also for the repairs the seller has recommended.

I am a new real estate investor looking to buy my first multi-family home as a long-term rental.  I live in a town of 128k only, in Abilene, TX.  Abilene is a college town with 3 private colleges (plus community colle...

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