I don't know if they kids will sell to me but it illustrates the fact there are so many leads out there and I need to up my lead game and meet more people as networking is the best way to find a deal - especially in hot markets. 

While these points all seem somewhat scattered and unrelated they actually illustrate the uncertainty and what may be categorized as panic buying.Personally, I think there is a strong chance of a correction or at least abrupt stabilization in the 2022 spring market, but prices should continue to increase at least until that time and possibly beyond.

It is illustrative that condo prices can be much more volatilile than other assets.

@Michael MitchellCreate a multi member LLC and have the breakdown illustrated in the operating agreement and define who does what and how people are paid.

As you yourself illustrated, the taxes vary depending on location.

The process we followed is illustrated below.In short, our software and processes (still evolving) enable us to continue finding, closing, and renovating five or more properties each month.

But, even if they did, it wouldn't get to $800k (even if you used your gross salary and avoided federal income tax, just for illustration). 

Well you just illustrated exactly why those that are disabled often hide the fact that they have a service animal.

These examples are extreme but I am using them to illustrate that they is verity in size and asset type and the narrative that one is always lower or higher can be miss leading.

Running numbers for investors/clients that have purchased in the Austin MSA as well as two rental properties I personally picked up in the last 30 days in Austin and Round Rock illustrate that it is possible.