Due to high interest rate and almost $10k of property tax, we negative cash flow over $10k in 2023.

I am looking for some people to connect with in that area that may have more experience as we are out of state investors and have heard that Mississippi has great opportunities for cash flow and for people starting out in this industry. 

Purchase price: $198,900 Cash invested: $36,000 Primary home till we flipped it to an STR after purchasing a new primary.

My house is probably worth $265,000 on the lower end (3 bed, 2 bath).

Unless you buy this with cash most mortgage companies will not allow a purchase in an LLC.

Purchase price: $605,000 Cash invested: $242,000 Sale price: $1,012,000 We converted the garage into the kitchen and took the roof off the garage and added a master suite.

Year 1 is going to be tough to cash flow, but the population has essentially doubled in Fort Bend County in the last 10-12 years.

Good deals will find cash, but good cash will find deals.I think the most valuable skill is networking.

Can some of the members of an LLC do their own exchange or cash out at the time of the sale of the property?

This arrangement has worked well for both of us.However, we now have several projects that will be running concurrently, and the builder is facing cash flow challenges with making the monthly interest payments.