There are very successful people out there that most likely started in shoes similar to mine.

Please let me know what you would do if you were in my shoes. 

If I were in your shoes, I'd start browsing BP's South Carolina forum and see who's commenting frequently. 

My question is: if you were in my shoes would you wait to invest in austin market or invest ASAP?

Hi Lavon,  I understand the shoe you wear. 

If you were in my shoes, what would you do?

I would Wait if I were in your shoes.  

I was in your shoes not very long ago and understand the frustration.

@Francis FitzgeraldIf I were in your shoes, I would make a firm break and walk away from the investment side of this relationship.

Based on the numbers you provided and assuming a purchase price of $200,000,this deal PASSED the 1% Rule.Assuming you are getting a mortgage( I know you are considering cash) of $150,000 on a $200,000 purchase with interest rate at 4.5%,annual taxes at $4560 and insurance at $1680 .Your PITI(monthly mortgage) will be around $1280.With a monthly rent income of $2000,you will have a gross income of $720.This is before reserves for CAPEX ,maintenance etc I think you should cashflow $500/month.If I was in your shoes,I will go for it