Purchase price: $204,000 Cash invested: $30,000 This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

The benefits of selling as a portfolio is that when you do a 1031 exchange, you won't have to coordinate the sales of multiple properties, And this would minimize the amount of individual exchange fees. 

You could check out the website and compare your draft business plan to the information provided by the SBA and it may help you fine-tune your plan. 

Long time listener of Bigger Pockets and this question is HAUNTING me so I jumped on here.

Hey Nicole welcome to BP, this is a great place to learn and chat with other investors. 

So, while prices currently remain similar to last year, we are seeing softer buyer demand and increased inventory compared to 2023.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through August:The median sales price for a single-family home in August 2024 was up roughly 11% from the beginning of the year.

Section 8 for City of Phoenix:https://www.phoenix.gov/housing/section-8-resources

Purchase price: $120,000 Cash invested: $30,000 We purchased this property from a wholesaler.

I'm looking for advice on how to do this. anyone with experience on this topic?

You can certainly raise money but I wouldn't recommend this for out of state investments as your post suggests.