Austin Investors: Need your Opinion

[Nicholas Dyer]

Hi all,

I’m new to real estate and read a few Biggerpockets books. Thought I’d get your opinion on the Austin market.

Main Goal: House hack and live for free

Ideal situation: I'd like to get a triplex, Possibly use FHA or pay down 20% if I have it. BRRRR it and live in the 3rd unit for free.

I’d like to live in a B or B- neighborhood and be within a 30-40 radius of the city.

Is any of this possible? I heard house property prices to rent ratios have a large disparity. Am I pipe dreaming?

Thanks!