After such appraisers would almost have to include that component to things, so some way to clear them of any liability of "price fixing" in such.

Need a new roof in a 3-5 years, you probably want to be pretty liquid (year long CD, Money Market, maybe very short term bond fund etc) for those funds.On a condo board 15 years ago, I  was once able to get us into some nice CD's a decade ago that laddered with the useful life of components.

Calculate the potential cash flow and return on investment to ensure it aligns with your financial goals.Purchasing a duplex and house hacking: This option offers the advantage of living in one unit while renting out the other, potentially covering most or all of your housing expenses.

Again, align to your goals.

However, in practice, the broker always negotiates for the seller to pay this commission.Negotiation Tactics: Good brokers negotiate to ensure that the buyer is not out of pocket for their agent’s commission, aligning with common practices and making the process easier for the buyer.How to navigate this:Ask for Clarification: If you’re unsure or need reassurance, ask your broker to explain how the commission will be handled in your specific transaction.Review Agreements: Carefully review the buyer’s brokerage agreement and the purchase agreement to ensure that the commission details are clear and that the seller is covering the buyer’s agent commission as negotiated.

Given Austin's competitive market, ensure your savings align with down payment requirements and closing costs for multifamily properties.

Have a read A good friend shared this story recently; a nice story about effort vs. skill – a good reminder that in many areas of work/life time and outcome aren’t always aligned; especially in thedesign & technology space…A giant ship’s engine failed.

., Conner Real EstateFranklinFranklin REI MeetupsLocal Brokers: The Ashton Real Estate Group, Synergy Realty NetworkNext StepsNetwork Actively: Attend meetups, join online forums, and reach out to brokers and agents.Conduct Market Research: Understand the specific dynamics of each market, including rental demand, vacancy rates, and local economic factors.Visit the Markets: If possible, visit these markets to get a firsthand feel of the neighborhoods and potential investment opportunities.By connecting with local investors, brokers, and agents, you'll gain valuable insights and find opportunities that align with your investment goals.

Leading up to the deed in lieu, we performed our own site visits and the conditions we observed do not align with the information in the inspection reports.

Proper planning for these uncertainties is essential.During your due diligence period, it's important to thoroughly assess the condition and age of all major systems and components in the property.