You supposed to live, period!

@Tom Gimer The law refers to representing a property for sale, transfer, lease, etc that the supposed seller doesn't own, not an "agency relationship". 

Its like one of those things where you know you can do it but there is still something in the way.Cody,As they say...to eat an elephant, you do it one bite at a time.If you know you can do it, or I suppose you've tried to do it, what got in the way the last time?

Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market!

Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market!

Then I taught them how to move the assets around to package them for sales as small 4-8 houses per package for sales to passive investors (essentially a rental portfolio).But.... alas.... greed always creeps in (a human trait I suppose).

Am i supposed to take the Assigned Contract to the Tittle Comp myself along with the collected Earnest fee, or is the Buyer doing so?

Suppose you want to buy a few hundred acres, and then split them up into individual parcels and build a house on each one.

To be more conservative I could run numbers with $700 rent as well though two of the units are already renting for $750 and I think that is a fair price for the area.I suppose 10% for maintenance and capex combined may be a little low, especially at the beginning, though I think 10% for vacancy is pretty conservative to make up for it.Thanks for the comments, I appreciate the input since I haven't done a deal by myself yet and it can be pretty daunting to commit to that much debt on a property for the first time.

So, stating you are an investor I would suppose you would go with cash flowing assets.