San Antonio Multifamily Real Estate Investing

[Shawn Abe]

Hello San Antonio investors and professionals,

What is your opinion on investing in San Antonio multiplexes (2-4 units) for cash flow purposes? Specifically using the BRRR technique. Here's how my priorities lie:

1) positive cash flow
2) pull out as much invested capital upon refinance
3) long term appreciation

I'm an out of town investor deciding between a couple different cities and San Antonio is the front runner right now; However, I read a post about another out of town investor having a hard time finding a contractor that would quote him a fair price which is a major concern for me. Is this a common theme? Are other out of town investors having success in San Antonio?