That's what it comes down to, for me the home is on a permanent foundation and the comps around it are fantastic.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

This area has a fantastic vibe, and you can find villas ranging from 400k to 1.5M.3.

It's fantastic that you're researching and thinking through a number of things before putting in an offer.

Hi Clarence, It's fantastic that you're already planning your real estate investing journey while still in college!

@J Scott Hi J Scott, fantastic discussion here.

Yes, the market goes up and down (and that example is one fantastic year, although we've had a lot of them)... 

When searching for the ideal home, be adaptable in your approach as occasionally the ideal offer can not meet all of your requirements but still present a fantastic opportunity for investment or house hacking.

It's fantastic to see you taking that next step in your real estate journey.

And there's a pretty good community of fantastic people investing in Abilene in all sorts of different realms of real estate using tons of different strategies.