There are many markets that this will work great. 

If your aunt isn't in a big rush, another option may be (I'm not familiar with TX law):- Pay your aunt for a Right of First Refusal (means you get a chance to buy it before anyone, but has to be notarized by you and your aunt and filed at the courthouse)- Sell your house on or off market.

Get familiar with price points in your market and what looks like a good deal. 

Austin is a fantastic market, with its growing tech presence and vibrant culture, making it a great choice for your future career. 

I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.

You should be able to use departing residence income from the market rent when qualifying for a new primary purchase.

I would add that SFH airbnb market here is saturated BUT I believe there is still a robust market for larger homes for family gatherings and events.

@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.

One unit was rehabbed with $15,000 and a new leaseadded at market rent.

Seller has decided to walk with our EM and put the house back on the market.