Know that there is still robust demand for Austin housing and that prices are still considerably higher than just a few years ago.

But I've had a lot of issues with the accuracy of Zillow's estimate in terms of accuracy as it really isn't; in my opinion, structured to predict changes in rent over time or take into consideration any additional amenities or upgrades.

Potential to add as much as 7,200 sq ft from adjoining vacant property, but have not spoken with owner.Will be meeting with the planning department to discuss further considerations, such as height restrictions, etc., as well as types of businesses they're hoping to see more or less of.

Definitely a lot of considerations to discuss.

It is worth consideration in making your property pet friendly, so that you can capitalize on the reality of pets and charge extra for them, as well as possibly make your home more marketable on the various hosting platforms.  

Tampa Can Be a Good Option,it has great rental opportunities in neighborhoods like South Tampa, Tampa Heights, Seminole Heights, Carrollwood, and Brandon.Before buying, analyze costs like purchase price, rental income, management fees, repairs, and vacancy rates to ensure a good investment.Other Florida markets like Orlando or Jacksonville might offer similar benefits depending on your investment goals.

In terms of giving away equity; I am not sure if this is too far down the road, but getting long term debt on the property is a consideration as an exit.

Taking into consideration the WC,GL and him most likely getting the subs and materials cheaper than me definitely make it worth it.When you speak of turnkey GC's are you speaking of GC's that handle everything basically from start to finish and charge you their 10-15% fee at the end?

Considerations we've heard/read about are: distance to primary residence, location of the property in comparison to the primary residence (ie, if we live by the beach and we buy a property by the beach, it's likely not our vacation or second home, whereas living inland and buying in downtown or by the beach could be a more likely second or vacation home), and minimum timeframes for owner occupancy (like 14 nights if we eventually choose to do STRs there).We live inland and if this does allow us to buy at a higher price point, we're open to looking in more tourist-y areas of the city.

Love Jersey City, Hoboken, The Heights; gorgeous areas!