@Kamrava Pirouz Multifamily investing is extremely versatile in the Austin MSA.  

In order to do so you need a versatile system that will scale with your growth!

Hey Nick,One of the best things about private money is it's versatility because there are no guidelines - it depends on the individual. 

  ;)One nice thing about real estate is that it actually is pretty versatile. 

But with the points made, starter homes are more versatile assets as I can sell/rent them quicker and use less capital to do it.

Purchase price: $595,000 Cash invested: $300,000 Triplex on the river, with an office space rented to anchor tenant (10+ yrs on site) and 2 short term rental units booked through the local hot springs.A stunning property zoned village-residential, very versatile!

We also owned our home free/clear and decided to go with a HELOC as it has more versatility and is well suited for how we utilize it. ie, a home equity loan gives you x amount of money and then you have to do something with it or stick it in the bank.

I too find 2BR versatile because you could pick up singles, couples, or roommates especially if the location is close to public transportation.

@Veronica BrobbeyFrom my experience, the LLC is a little more flexible and versatile when it comes to all aspects of the business.

However, I want to become versatile to the various aspects ts of real estate.I have been encouraged by your article to keeping moving forward.