I really appreciate the advice you provided.

Not sure if you are looking to get into the PM business or just renting a property you own, but contracts is the only thing I would contact an attorney for.

So this site has been one of the most useful resources I've found.  

Network: Local meetups or online groups (like BiggerPockets)Check out financing options: traditional, creative, or raise capital.Look at properties in your area to understand the market.Let's connect!

@Marc ShinYou came to the right place.

Owned Car with $852 Monthly PaymentSince you've refinanced this loan to remove the borrower, the lender likely needs proof that this payment is no longer your obligation.

So I guess my first question would be for anyone investing in Texas, where are the good markets?  

@Christopher PrideWhat is the median income of the area, so you figure where rents can go.

I would bet that the cost of the land is contributing to the $4M cost - although that does still seem high.. but I'm not super familiar with Truckee market. 

Let’s discuss and move the needle forward!