If you're going to have multiple members, and need a very clear operating agreement and exit strategy, you should hire one (and we'd be happy to help). 

It was 2013, the city still had multiple fireclosures and they knew the house wouldn't sell having failed the city's dye test.

You'll find it's is a great place to live for multiple reasons and real estate investing is just one of them!

You will find that there is financing available that does not require you to have great credit as long as your deal is good and you have some skin in the game.

With inventory scarce, off market provides a lot more opportunity.My partners and I work with multiple out-of-market and off-shore investors to facilitate their investments here in the DFW area.  

http://petriestocking.com/blog/landlord-tenantHere's a link to his EXCELLENT landlord blog too and he's good about answering emails, so I'm sure if you email him he'll let you know if he is qualified to help and if not, my ipression having talked with him multiple times is that then he'd refer you to whoever you should call and not just take the biz he's not well versed in, he strikes me as a very honest and principled man.

I would suggest partnering up with an experienced investor for your first few projects to help you get some skin in the game and gain some hands on experience.

These investors typically buy and/or sell multiple properties to grow and adjust their portfolios.  

I would suggest building a strong team around you for your first few investments to help you get some skin in the game.

There are multiple offers on it, which all will be reviewed this Wednesday.