Hi Katy,This probably comes down to your tolerance for risk, because anyone here will likely say there is not a ton of meat on that bone.

What happens if you spend all this money on an attorney and then you find out its almost impossible to get a subject to in your area or that meats your criteria?

Waiting & saving more for down payment leaves me stuck renting my personal residence and potentially can't keep pace with market pricesI'm considering putting my rental purchase on hold and buying a personal residence first to secure my financial health but this still leaves me at square 1 with my investing journey.

Check back with me at that point.

This year (2020-2021) posted record low margins on flips and the Austin market has a good deal of attention meaning there there is often even less meat on the bone for a typical flip.  

He basically gave this to me at cost.

Building vertical creates value with finished homes.It is imperative that all 3 of the above value propositions be properly calculated and maintained throughout the entitlement process to ensure that there is enough "meat left on the bone" for each level of development even if you are not planning to do all 3 yourself.Feel free to DM me and I will send you an intake form that you can fill out.

So whether or not the seller physically has the deposit, he still owes it to me at closing.

I have a number of fraternity brothers, friends, family etc that have all asked about investing with me at various points.

I used that company to rebuild a deck for me at my other rental and was happy with the quality for the price.