Scott as a starting reference.

@Mike Levene cost to build per square foot is $200-$300 depending on finishes.So, you can start with that.

There's no real wrong answer to your question, but the right answer starts with you figuring out what general direction you want to aim in. 

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

But about 1 year after we bought the property, they started cracking down on the homeless in downtown Jacksonville moving the crime to the neighborhoods just outside of Jacksonville.

If I would have bought a sustained portfolio with multiple units rather than starting with a single purchase I truly believe I would have lost a lot of money while my systems flailed rapidly attempting to catch up. 

@Juliann Morala if you're going to rent it out, start with a PMC! 

This might he the start of a new niche to take advantage of.  

I'm not sure of what exactly, but something led me to start connecting with others here and do my best to actually stay active.

Information will start to come out over the next little while for those who have an interest.Search Dr.