Focusing on B and C-class properties is a smart approach for multifamily investments, especially in a vibrant area like Austin.

Incredible growth, would love any resources you can share! 

Your conservative approach to estimating income provides a solid buffer, and the strategic location adds a layer of security.

It may seem like my number seems high but the cap ex on the kitchen alone with 15 year life is approaching $100/month.

I imagine a lot split would also significantly increase cost of utilities as now I would have 3 hookups in that scenario.I am also concerned what would happen to that sweet 3.25% 30 year fixed mortgage I have, which I don't want to create any risk over in the slightest.Any advice on how to frame my counter arguments would be incredibly appreciated.

What was your approach? 

Hans - trying to find a perfect BRRRR in B class that cashflows well as an LTR right now is incredibly difficult with interest rates.

Ron Rowan’s local insights helped us approach the seller with a fair offer of $160,000.

Quote from @Kristin Solbach: First time investor here that is feeling pretty stuck.. we want to get started in one way or the other with lot of different approaches and advice out there.

This is incredibly reassuring to hear.