Maybe this is naively low.

I've been looking at off market properties in Austin TX and the surrounding areas and have seen that due to the high demand so to speak in this area the prices for a BRRRR property would mostly be around $300K or more, with the exception that I've seen a few properties in the low $200Ks.

From my experiences, I would not take on low end rentals and all the risk and work they entail if I had the budget for a solid middle to higher end option.And finally, as you do start looking more seriously at actual properties, bring your questions here and weigh the various answers you will get.

I am hoping for lower interest rates but I calculated I would need the rate to be low 3’s to break even.  

Invest in Opportunity Zones: Reinvesting capital gains into Qualified Opportunity Funds, which invest in designated low-income areas, can defer and potentially reduce capital gains taxes.6.

A good way for a newbie to understand the variety is to visit a website like Crowd Street, ShareSFR, FinResi etc.

You can see @Cheryl Vargas: @Desiree Alvarez: Discussion above to see how "gator lending" is sold to unsophisticated lenders.According to the guys in the video, these loans can be as low as $1,000 for a non refundable emd.

It can also be very expensive and the limits are usually low.  

I have some properties on low rates 2-3% range which I'm in no rush to pay off.

Most tenants will neglect the landscaping and we usually recommend low maintenance landscaping to owners.- Lighting fixtures- Smoke alarms / carbon monoxide detectors- Window and door repairs- Water heater maintenance