Home price appreciation is still trending up, but cashflowing rentals are difficult to find for the most part.

Quote from @Frank Pyle: You can refinance with conventional but value of property for LTV purposes will be capped at purchase price plus documented upgrades for the first 12 months.  

They already lost some major players due to the state capping rates https://www.foxbusiness.com/lifestyle/california-insurance-c... will all insurance companies stop coverage, raise rates or reduce what they cover?

At $5k/month with a 40% expense ratio, you're at a 21% cap..

I would not eliminate OKÇ based on tornadoes, that is why you carry insurance.It will very difficult to find something in Austin that fits your budget.  

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Hey Dominic, what kind of cap rates are you seeing in the plexes? 

Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.

At the pro forma income, the cap rate would rise to 8%, which is more reasonable but only achievable after renovations.

For me >12 mo for long term cap gains.