You can make anything work in any market.My concern with Austin is the amount of building that is happening.

Its been standing for the past 30 years and I did not notice any concerns with settlement, etc. 

The big concern I have with this asset class is the control element.

One of our immediate concerns is the school year is just starting now.

These records can give you a clearer picture of how well the building has been maintained and any potential expenses on the horizon.To address concerns about issues like a deteriorating foundation or sewer problems, ask the condo association for documentation related to past repairs and maintenance.

Being upfront with clients and highlighting your strengths—like your market knowledge and dedication—can help minimize the impact of transportation issues.If you're concerned about the costs, maybe focus on building a client base close to home, where transportation won't be as big of an issue.

My main concern is regarding cost-basis and future capital gains tax when I ultimately sale the property. 

I have had turns where things are recommended to repair based on the field operator and my property managers notes, and I would expect the professionals with eyes on the property to have the best opinion on when the inevitable concern arises. 

I’ve worked with a lot of first-time buyers, and common concerns like HOA restrictions or property management costs often come up.

In our case i'm very concerned w high transaction costs if we sell.