Great place to absorb and learn.

I've been inspired by the most recent podcast to give a quick property update:  Current Occupancy:  98% (was 100 but 98 is probably a good consistent rate)rents are now up to 495 for a 2 bed and 595 for a 3 bedroom... water has now been passed on to almost all of the tenants and will be complete here in a few months when the last remaining leases are renewed.Turnover costs were higher than anticipated as we had approximately 40 people move out so that absorbed all of the cash flow.  

The RMLO, as a licensee, then absorbs all the responsibility and liability for ensuring everything is compliant with Texas' implementation of all the applicable legislation.Personally, I would stay away from Lease to Own and look at leasing with a Right of First Refusal clause, if you are intent to offer renters a path toward ownership.  

I have been in the background on BP trying to learn all I could absorb for our investing. 

I have been in the background on BP trying to learn all I could absorb for our investing. 

It's incredibly inspiring, especially since I am one who is trying to absorb it all and figure out a strategy to get the ball rolling myself.

Can you absorb that expense the first month after close?

I will absorb any wise info from anyone who is wholesaling, investing, and rehabbing!!

I have some realtor friends who would echo @Joel Owens statements - it's a hustle and it absorbs all of your time, but I see it as an amazing learning experience and a great way to start the investing journey.

In comparison vacancies in multifamily are easier to absorb due to its scale.A 30 unit multifamily @ 1.5 mil implies you’re buying at 50K a door.