Starting out in Austin - Buy and Hold

[Nathan W.]

Hey Guys,

I'm on information overload and it's got me frozen like a deer in the headlights. I'm looking to invest money for the long term. I don't mind doing some repairs, renovations, and tenant management. But I'm not looking for the low end of the market or anything bigger than a duplex. I just don't want some of the headaches that come with those.

I'm trying to get the 1% rule working but it's been hard to find here. I know they are out there but they are few and far between. There's nothing I can see in the 2% range without getting really sketchy.

Do you guys think I'm crazy if I take a little under 1% to get my foot in the door? Or, if I'm looking in the wrong places please let me know. Are 1% properties out there and I'm just missing them?

Thanks for any input. Here to learn...