Here's the link below if you want to take a listen. 

I've obsessively been listening to every podcast episode I can, reading all the books, and signing up for any and every workshop and educational seminar.

We have numerous who have their payments set up to auto-pay.

Also I would like to recommend these 2 different books to read on top of all the BP podcasts you are already listening to: 1.

If you want to hear a bit more of my story, I was a guest on the BP podcast and there's a little more context, you can listen here.I've made ALL of the mistakes.

Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!

For some context, I have been listening to Bigger Pockets for over a year now and have big ambitions to get into investing.

I’ve been reading books and listening to BP for the last 2 years but I’m green ya know.

was just re-listening to your episode this weekend as I'm looking into some rezoning options myself!

I also agree that RE appreciation is unlikely to match the last dozen years, but you never know.Where I am unsure we agree is that paying $450k to improve the cash flow ~$3k (your numbers but I expect my delta wold be similar meaning both my cash flow estimates would be worse than yours but both would be worse by the same amount not affecting the difference) makes sense especially if the cost of having the extra $450k is only 6% rate which is historically simple to beat via numerous investment options and hopefully no one is investing in RE for an expected of 6%.