Running the numbers thoroughly will give you confidence that you’re making a wise investment.Leverage Local Knowledge: Partner with a real estate agent or broker who specializes in multi-family properties in Austin.

Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbookLocate and attend 3 different local REIA club meetings great place to meet people gather resources and info.You might consider Niche or Specialized Housing like student housing.

And some special interest provisions are just wrong.  

Yes, Real Estate broker in the UK, and lender who specialized in buy-to-let (investor style) loans

Yes, Real Estate broker in the UK, and lender who specialized in buy-to-let (investor style) loans

I think you're gonna have to bring in the help of an attorney that specializes in this stuff.

However, there might be financing options available even without a U.S. income, particularly if you work with lenders who specialize in foreign nationals.Leverage Local Knowledge: Since your wife has family in the area, tap into their local knowledge.

We specialize in security at C and D properties in challenging areas.

I’m a veteran myself and specialize in VA loans.

I work with Neu Real Estate Group, where we specialize in new construction multi-family units, and we’d be happy to share insights if you’re interested.Feel free to reach out if you have any more questions or if you'd like to discuss your investment strategy further.