There is no new build-to-rent projects in North Texas clearing massive amounts of money in rent from the jump.

Obviously there are some situations that are worse than others and some homeowners may not actually have a choice.Something else to think about is that there is already a massive shortage of available inventory at the moment.

I can write an entire page on this but that will take too long. you'd benefit better from reading a book about it.Unless you are finding a property at a MASSIVE discount, I would not suggest choosing hard money. there is a better chance of the deal going south and then you've ruined your name/credit.Just an example of being safe: You find a property at 50% under market value that doesn't require TOO much rehab, so in example, you'd want some cosmetic touches, updated kitchen, bathrooms etc.

It could work out where nothing ever goes wrong, and congratulations, you scaled massively. 

I am going to massively reduce my tax burden when filing 2018 by aggressively utilizing cost seg+bonus depreciation+electing real estate professional.The tax return should be showing nice refund and reduced income as a result of the above, I suspect.While I will be laughing all the way to the bank with the nice refund, will my DTI suffer now that my tax return shows reduced income?

Providing your in-laws with an option to purchase at "fair" market value should not be an obstacle, particularly give the expressed doubt in their fiscal ability.

But like other posts have said I would focus on items where 1) Ideally leftover and not alreadu used 2) not obvious to the tenant that it has been used3) something where this massive discount warrant it being not the exact color or thing you want.

What developed was an appreciation for the importance of Market Analysis over property analysis...critical difference.While I was learning the Analysis, I became aware (as in hit between the eyes) of the massively important concept of "compounding" and how it can apply to REI. 

Unexpectedly, one of the LTR tenants moved out and left me with a MASSIVE rehab project I was not expecting to tackle immediately.

The numbers are a massive difference in my mind.