It's exciting to see your focus on building a real estate portfolio for financial freedom!

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

It's great that you're focused on saving and educating yourself before diving into real estate.

If you ever decided to sell the building but keep operating the business, it makes it much easier.

It tries to do too many things and poorly at that.

Took an extra 6 weeks than planned,  but ultimately got it done. 

It's a good idea to schedule your own safety inspections, including checking for smoke detectors and carbon monoxide alarms.3.

Just like if you were doing a marketing campaign for any other business type, you have a lead list and now you have to work it and see what you can sell.Yes, its a lot of manual work.

I would never form an entity with them when I can do it online with a firm that charges a fraction of what they charge).

It will be very difficult to cash flow in Austin using traditional LTR methods unless you put down a huge down payment.