The whole project was quoted at 130k, with the major part to replace electric and wiring, install a AC in machine room. we just got to know from inspector the elevator failed the fire inspection because fire alarm control panel fail to comply with the current code.

Ideal option is QuickBooks Online Plus with the class code tracking module turned on.

@John Underwood I can't quote any code or IRS rule.

The city benefits from stable employment sectors like healthcare and education.Challenges include older housing stock needing repairs, slower economic growth, and stricter local codes, so due diligence is key.

Recently, I helped a client avoid a 3 month permit delay by redesigning their plans to meet city code on the first submission.

How much inventory is in the zip code?

In the past I've created my own excel spreadsheets using zillow/ NAR data for median sales price per square foot by zip code or county in my market.

Hello @John DunnI've walked prospective properties to provide invaluable insight to the buyer on their goals, existing conditions, possible renovation ideas, Code compliance issues and overall design & efficiency aspects.

Houston and parts of Dallas also offer a range of submarkets with solid rental potential, depending on your investment goals.A few tips as you're building your out-of-state team:Your local agent or wholesaler is key—they’re often your eyes and ears on the ground and can connect you with trusted PMs, contractors, inspectors, and lenders.Interview multiple property managers to find someone aligned with your goals—some specialize in value-add, others prefer turnkey.Watch for red flags like overly restrictive HOAs or cities with aggressive permitting/code enforcement.On financing, a lot of out-of-state buyers are using DSCR loans for their rental deals since they’re based on property income instead of personal DTI.If Texas ends up being a good fit for your strategy, I’d be happy to share what I’m seeing and connect you with some resources here.Wishing you the best as you get started!

@Trent Balandran pull code violation lists or probate lists.