OR Hire a really experienced Realtor that specializes in Investment Real Estate that has gained valuable contacts over the years that could provide you with access to their resources for free OR Work directly with a Real Estate Investing company with decades of experience that can provide you with access to their contacts for free2) Finding a deal: Here's a few ways to go about that - You or your agent can search the MLS and crunch numbers on property advertised on the retail market and hope to find a deal that all of the other real estate investors in Texas may have missed OR You can attend auctions and try to outbid all the other seasoned investors there only to realize if you win then that means you paid too much OR Have random wholesalers send you the one off deals they get under contract OR spend the time, money, and energy in trying to become a wholesaler yourself OR Work directly with a Real Estate Investing company that can send you the largest source of deeply discounted property sent directly to your inbox in the form of a daily spreadsheet.3) Estimating Rehab, Holding and other Costs: Read FLIP by Rick Villani and Clay Davis and The Book on Estimating Rehab Costs by J Scott.

The plumbing, even if they didn't disclose, you need to prove they were aware of it.Lesson I have learned is if buying older properties, spend some money for a sewer scope as part of the inspection.

I would spend the money to instll individual on demand electric hot water and transfer the costs to your tenants.

I wouldn't spend to much time worrying about why the other party is doing what they are doing.

Contractors spend hours putting together Bid Proposals and it's not fair to them if you waste their time by 'shopping' and price matching with other Contractors.If you 'bid shop' Contractor's numbers you are going to get a bad reputation, and you will have a hard time finding Contractors to bid your projects.Sure, you may save a few dollars upfront, but ultimately you are going to p*ss off a lot of contractors and potentially hurt your business long-term.

This provider, in addition to 3x rent as qualifying income, they also look at the budget, credit, and spending patterns of the prospect tenant and see their DTI ratio as a contributing factor.

What if you want to downsize and no longer want to deal with additional employees because you want to spend more time with the family?

You can spend a ton of time learning to deal with it or hand it off to petscreening.com and let them do all the work for free.

Every hour I am spending doing "non-billable labor" repairs from tenant damage is an hour of income lost in my work week, since I cannot be in two places at once and I only have a certain number of billable hours of toil every week.That being said, I have never been challenged on this via a court case, but when that day comes my justifications for charging for my own labor will be, (a) the repair work I do is part of my income, and (b) the tenant signed a document disclosing what the charges would be, and it should matter not to the tenant who actually did the repairs.  

So if somebody touts himself all over podcasts and the internet as an experienced operator across several large MF properties despite only having raised capital for those deals, doesn't he seem like an experienced operator to anybody spending 30+ seconds to research that person?