Nick, you did OK, I am an auctioneer and we look for folks at our live out cry auction who get AUCTION FEVER,  that is, bidding more than they should.

In my shoes I would want the stability of the cash flow and look to leverage as a long term rental through a PM.Some folks want to cash out and reinvest the new found equity in a higher producing asset. 

That said, that now that the market has softened a bit, folks wanting the work permitted is probably going to be more common so it may not be a bad thing.My final thoughts are about your hard money lender.

I think mom and pop will prioritize a home to live in before spending 100k on a SUV with 1500 dollar payments. younger folks will realize rent is a loser and try harder to be home owners in the better cities markets of the US.

Hi folks, I am trying to buy a quadplex to house hack for my family.

There are other options for folks with limited capital that may be more suited for the average new investor with limited capital.

There's a whole industry for nerdy folks like us who only perform 1031 exchanges.  

Enough folks have held on for the last two years in anticipation of rates being cut in half.

Folks, what do we expect in Austin in 2025?

Much appreciate folks,Steve.