I moved to miami and it's tough to do here columbus land is cheap. lower than lenders even require our buyers have to come up with additional equity just to close the loan. not sure austin's economics but happy to look at a case study with you to see if it's feasible 

IE - 70% of total units are rented at levels <=80% AMI.The higher your “Mission Driven %” (IE - the more units you have rented at levels <=80% AMI) the lower your interest rate will be.

Maybe I got lucky because this was a few years ago and with lower prices and lower interest rates, it was easier to do well. 

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

Shouldn’t it be at a lower multiple?”

Many hard money lenders offer loans that include rehab costs, which could be beneficial for your BRRRR strategy.Alternatively, if you find a lender that offers a DSCR loan with a lower down payment requirement, that could be another route to explore, especially if you already have positive rental income history.

Another benefit is lower flood risk...those may be famous last words, but you're in a good location/elevation relative to other parts of Houston metro.It is very street to street and block to block.

I know it's not "set it and forget it" but I am not understanding how working in Pricelabs means more than just lowering prices or raising prices.

•If jobless claims rise (above 240,000): Higher unemployment could push the Fed to act sooner, improving the chances of lower rates in the second half of the year.How This Data Could Impact Real Estate InvestorsScenario 1: High Inflation and Low Jobless ClaimsA combination of sticky inflation and a strong job market would reinforce the Fed’s stance that rates need to remain elevated.

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.