I want to create more of a cashflow based portfolio and not seeing too many markets up north with the same numbers you guys play with. 

As a LL we fix things based on safety, habitability and long term "health" of the unit.

Attendance varies quite a bit, from a handful to 30. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Bp Community,Views and opinions on this deal are welcome

So, the fee could vary a lot.

The degree of how much will vary from company to company, but it'll be a cliff-like change in their financials to operate under this cost of capital. 

That protection can vary a bit from state to state, but they are authorized by statute so judges follow the statute unless there is a clear violation of how they are operated.Best of luck to you on your journey.

My sights are set on acquiring my first rental property in the Austin/San Antonio area, aiming for cash flow and a 7-10% yield on my down payment.Here is my initial plan based on the learnings I have done so far:Property Type: Single Family/Condo/Apartment also open for other suggestionsStrategy: MTR/LTR Budget: $300k - $400kCredit Score: ~750Down Payment: 15-20%Where I need help of this awesome BP community:Guidance & insights: I'm open to any advice and tips from seasoned investors and experts in the Austin/San Antonio market.Experienced team: I'm actively seeking investor-friendly professionals, including lenders, agents, property managers, tax experts, inspectors, and lawyers.

They can provide tailored advice based on a detailed understanding of your financial situation, real estate market trends, and tax implications.Consider Market Trends and Timing: Keep an eye on the real estate market trends, especially in the areas where your properties are located.

Based on a rough analysis for a project timeline, I believe the total project can be completed in 5-7 months with the team I have available if we get involved in completing the work on the project.Deal Analysis as a whole - Actual Costs may be slightly different but estimates should be fairly closePost Construction Estimated Market Value - Lot 1: $379,000  Lot 2: $307,000  Total Estimated Market Value $686,000+- $102,000 - Cost to payoff HML & Previous Builder- $154,800 - Estimated Cost to complete House #1- $170,370 - Estimated Cost to complete House #2: Includes New Well/Septic $7500, Impact Fees $2100, Permits $1000= $427,170 - Estimated Cost to Payoff HML, Complete Construction on House #1, and Construct House #2+ $686,000 - Total Future Market Value-  $20,580 - 3% Buyer Agent commissions as the current owner(Listing Agent) will be listing these properties without compensation-  $2,538 - Real Estate Transfer Taxes-  $1,500 - Settlement Costs Paid at Closing______________________________________________   $234,212-  $27,900 - Payment to Seller for Down Payment made by seller to HML @ Origination (For her to break even)= $206,312 - Potential Return before any Interest/Fees/Taxes/EtcI've spoken to a few HM Lenders and ran rough numbers by them.