Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

Just be sure to account for the upfront costs, ongoing maintenance, and market demand to make sure the numbers work for you.Good luck with your decision, and feel free to share updates as you move forward!

The price we thought was very reasonable in this current market based off the other properties we have seen prior to that with similar layouts. 

In many ways, this is the best market for buyers in Austin in years.

I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.

Tremont is an excellent area with really high market rents and super high demand.  5000+ sq ft. is huge too, congratulations!

I see off market properties weekly, talk to investors both new and seasoned daily and I am actively buying myself.

If looking to change the market value of property, well there you go. 

can the lot be sold on the open market? 

I have been very successful in helping clients acquire Airbnb homes and creating themes and uniqueness for their homes to be more appealing and marketable.