You are positioned right at one of the top 10, if not 3, STR markets on the planet buddy! 

Broker - off market How did you finance this deal?

Ive invested in the Boston & DC markets for 22 years now.

highlight_post=4170358&page=5#p4170358@Scott Innocente, has been a huge asset to me in finding decent MFRs and off market possibilities.

Which strategy below would you do in the Austin market? 

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.

Granted, the real estate investing market was better in 2016 than it is now.Best of luck to you with whatever decision you make.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.