Another option is to find a nice existing home and do a remodel to make it "yours". 

It is so much better as we make a nice chunk of money $600-800 and don't have to argue with tenants over little repairs from security deposit/potential litigation.

If you are buying it for yourself and then renting, the outskirts of Austin, maybe in San Marcos, near Texas State (bigger than UCLA), would be a great place to buy, leverage, and enjoy some nice appreciation down the road.

And the idea of paying a premium to have a really nice and brand new home probably appealed to a lot of people. 

Make a list of must-haves and nice-to-haves to stay focused.Don't be shy about asking questions.

Hello @Shawn McMahonIn the area you've mentioned, $190 will get you a nice 2-3 bedroom condo or townhouse in Arvada or Westminster or a small house in pretty poor shape.  

This gives me the impression they care more about the sale then what you actually want and need.Granted yes they make their money on the sale and not jut being nice.

I've seen a property manager put his own extended family members into a (very nice) property like this and not tell the owner.Good Luck!

They're all nice people at the company, I just think they're going through major growing pains and unfortunately old owners are feeling the brunt of it. 

its a nice alternative to the assignment model that is becoming illegal in many states .