Its sad when natural disasters come in and devastate the area, and some people will lose everything.

Man, there is very little fun in rehabs themselves unless you have natural predisposition for doing construction.- They are extremely cash intensive.- Given where Austin prices are, they usually require you getting a hard money loan. - They take a long time to complete (and a lot longer if you have have to get permits). - They generate high carrying costs from interest, taxes, insurance, utilities.

Yea Ramsin, I am starting to see the hands-on nature of this business.

Clearly I want the best deal for me but also believe in win/win for all so want to bring an attractive deal to the table.just getting started with this type of purchase so forgive the elementary nature of my questions!

As for gentrification that is a natural process that is a benefit not a negative.If you want to create affordable housing join or contribute to a charity organization don't start a business.

The notion that low rates will prevail long term seems based on the view that market forces can be overcome by Fed policy alone, which they can't, at least not naturally. 

Then they have to sit there until it's done, to make sure nobody throws their underwear out on the floor, listening to everybody else's kids running around screaming (Our kids are very well-behaved, naturally).

Then within 15-20 years they sell the property hopefully giving significant returns, though obviously being so far down the road this is somewhat speculative.I guess my question is twofold: These numbers sound too good to be true, especially given the tax free nature of the returns.

I’m not sure what the rules are on this website, so I don’t want to overstep my bounds, but you can find the YouTube video with some more info by searching “Cambutal 308 acres”As far as utilities go, the property has a natural water source and city power is less than a km away. 

Many people take a common route of naturally starting out with either SFH or residential MFH and then gradually moving into larger properties.