.- Go with single-family- Purchase price less than $250k- Full cosmetic renovation (below $100k)- Class C neighborhood (pick several zip codes)Then use BPs agent finder and send your buy box to the realtors and tell them what you need.

In California, yes a security deposit can be used to cover unpaid obligations that were the tenant’s responsibility under the lease, as long as you provide an itemized deduction within 21 days and proper documentation.Under CA Civil Code §1950.5, a landlord may deduct from the deposit for:Unpaid rentUnpaid utilities the tenant was contractually responsible forDamage or losses beyond normal wear and tearOther necessary costs incurred because the tenant failed to meet lease obligationsIn your case:1.

The SMS tool is the last step, where success starts with the zip code, the lead filter, skip trace accuracy, your wording, your frequency, THEN the SMS / marketting tool.Best to all.

If I were to do it again, I'd make sure I stuck with known plans/designs in the area as we'd know for sure it's 100% meets building codes and requirements.- I tried to cut costs and run the subcontractors myself (I had a contractor's license) but I ended up letting some of the subs run the project at times since I had other projects/job at the time and this ended up backfiring.

Louis, MO – very ZIP-code-dependent, but plenty of volume for investors who buy block-by-block• Cleveland/Toledo, OH – older housing stock but high deal flow; you just have to underwrite CapEx correctly• Birmingham, AL – good balance of price, rent, and inventory turnoverAcross all of these, the theme is the same: C-class rentals with strong tenant demand are moving, while A-class or luxury flips are slowing down.

Another very important thing, I recommend looking into any rental regulations and codes/laws that exist in that locale.

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC.If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

How well do you know local building codes and fair housing laws?

Check Fire Code Before Buying Multifamily.

I would also, if possible, pick a zip code within that city.Houston, Dallas, and Austin, while all are within Texas are very different.Best of luck to you!