I’ve had basic court searches turn up things that never showed in a report.These days I keep it simple.

Jersey City has more defined laws, basically you can STR if you owner occupy a unit. 

Currently trying to get into wholesaling and have the basics down.

Starting out with flipping can feel overwhelming, but a good first step is to educate yourself on the basics!

Sometimes a duplex that needs paint and flooring gets overlooked by other buyers, but the numbers work if you can handle basic rehab.

Learn basic deal analysis.Understand cash flow, expenses, vacancy, maintenance, and cash-on-cash return.

It helps validate the value for the basic appraisals relied upon for the BRRRR refinance but usually comes back to hurt the investor on the exit.

ThanksTotally get it, a lot of investors in Dallas and Fort Worth are feeling the same squeeze right now since prices ran up and the 1% rule basically disappeared.

Also, this has been told to be directly from the Section 8 Inspectors that I have gotten to know over the years, basically they’ve said, “Carl, you want to make more money, then do this and this, and we will pay you more.”The other advantage on the money side — a portion of your rent is guaranteed by the government every month.

Some basics I like to learn are where are they from, where are they currently working/living (I'm interested in possible personal connections), what do they currently own, how much do they have ($$$) for a down payment + closing costs, are they pre-qualified, etc.