Connect with a real estate agent specializing in investment properties in your target areas.Good luck!

Running the numbers thoroughly will give you confidence that you’re making a wise investment.Leverage Local Knowledge: Partner with a real estate agent or broker who specializes in multi-family properties in Austin.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.You might consider Niche or Specialized Housing like student housing.

I have personally never owned a condo that DIDN'T have a special assessment - which happens when there is a repair needed but not enough money to pay for it. 

Yes, Real Estate broker in the UK, and lender who specialized in buy-to-let (investor style) loans

Yes, Real Estate broker in the UK, and lender who specialized in buy-to-let (investor style) loans

However, there might be financing options available even without a U.S. income, particularly if you work with lenders who specialize in foreign nationals.Leverage Local Knowledge: Since your wife has family in the area, tap into their local knowledge.

I think you're gonna have to bring in the help of an attorney that specializes in this stuff.

I’m a veteran myself and specialize in VA loans.

With a full-time job, it might be hard to meet those requirements, so your real estate losses could be considered passive.Now, on the AGI front—if you and your husband’s combined AGI is over $150k, unfortunately, you won’t qualify for the $25,000 special allowance that lets you offset passive losses against your other income (like your W-2 income).