The vacant lot owner is asking 20k firm for his land.

.$135k firm counter from seller and needs $40k rehab.

A lot of PM firms keep contracting work in-house and do not allow outside help from owner's because of timelines, relationships, and of course potential liability.

The real estate closest to campus was previously the most marketable real estate for  students  who wanted live off campus, but now many are living in different neighborhoods (Center City, Fairmount, Manayunk, Fishtown/Northern Liberties).

I live in a rural residential neighborhood that has recently been zoned medium density (townhomes).

Neighborhoods on the shores of Lake Travis, in Round Rock and in Driftwood are among the hottest housing markets in the Austin area. 

Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.

Our goal is to purchase multiple properties in good neighborhoods with ARVs up to $250K.We’re eager to connect with experienced agents, reliable contractors, and any other local experts who can offer insights on building a successful portfolio here.

Not as walkable, however, as some of the neighborhoods that you have referenced here.  

Now I am in the early stages of development.I am working with a consulting firm to help with a concept plan, engineering, and to get the city to sign off on everything.