I have a point for ponderance in this model. 

This had nothing to do with economic or underwriting issues but was driven by covid and many workers beginning to work from home. 

Here are some key highlights from the report, which compares January 2025 with January 2024:The median sales price for the greater Austin metro fell 4.7% to $409,765, while the City of Austin saw a 4.7% increase to $553,465.Total sales in the metro rose 1.1%, whereas the city saw a 4% decrease in closed sales, demonstrating continued demand in spite of economic challenges.Pending sales under contract dropped 7.5% in the metro and 1.4% in the City of Austin, suggesting a slight decrease in demand at the start of 2025.Listing inventory increased 16.5% in the metro and 15.5% in the City of Austin, resulting in 5.6 months of available housing inventory in the metro and 6.2 months in the city, approximately one month more than in January 2024.According to the Texas A&M Real Estate Center, a balanced real estate market has around 6.5 months of inventory.

Investment Info:Small multi-family (2-4 units) buy & hold investment. 3 unit apartment complex What made you interested in investing in this type of deal?

Glad I have mine, but I'm not going to debate anyone who feels they're better off w/o a license.

The key to this is finding a HML that doesn't require access to the property for an appraisal.

If you want to do upgrades to rent it, don't go crazy with it.

Hi Nancy, I have sold property for clients in Carrollton.  

@Justin Sherman your best bet for cash flow is to go with a STR in the upper part of your house hack.

I spoke to her and they were going to do a light remodel (barely lipstick on a pig) and start renting the place.