He owns 30 properties but its in a market 2 hrs north and heavily influenced by manufacturing (Fiat Chrysler, GM, and Haynes International Steel).

The lines have a protective coating  internally, it has never caused any health problems in our city that I’m aware of. 

None of us are going to know your internal risk tolerance.

Often when I'm dealing with properties in this price range, I'm advertising it in Christies international real estate magazine.

The airport is also a bit weak for international travel especially.While I believe Austin real estate will continue to appreciate, I also expect the growth rate to decline.  

Hey guys,Have been talking to this guy for several months, now that I have some money to work with, I was talking to a gentleman at this company about doing a JV deal with him and his company to kind of learn the rope...

I also have a vonage box at home which is an internet phone you can take to another location but that is associated with a sit down office where I need to make international calls at times (not this business).  

Don't be afraid to intern for learning.

We own property internationally and there is a bit of a stress when you get a call from London or NY on a flooding leak - no matter how much you trust your local property managers or how long you've been in real estate.You should get the advice of an experienced local broker, who can help you find a property, find rental comparables, and also refer you to reasonable contractors. 

Get references.That said, Cash flow is pretty good in my area and we have many international investors.