@Davin Manfredi first, regardless of what you do make sure you ask how they are going to run a vent and let them know you have to approve of the work that's going to be done and do quality control afterward.

When you don't have money for a downpayment, you should not be trying to buy a home because no matter how you do it, you will be overleveraged and have no reserves for repairs, etc.

There has been a flight to the more quality areas of Austin.I agree on us having hit the bottom, time will tell but I think we'll see demand increase and rates decrease over the next few months Yeah - I was more talking about outlook for 2025+, I think the correction has likely completed (just opinion) 

It is extremely difficult and managing all the trades, managing the budget and the schedule to get the project completed on time as the quality level you expect.

As for the extra dollars unaccounted for, it could be a number of things - repair persons fee, management fee, failed repair, etc.

Then all you realistically can do is manage bookings, delegate to handymen for repairs and hire cleaning service.

For quality options, expect $2.5-5 per sf.Click-Lock vs.

The house needs a lot of work with repairs and upgrades.

@Derek BellWhat would the after repair cap rate be with a 362,000 NOI?

Too many people are scared of townhouses and condos, but you are protected against a lot of the repairs of single-family or multi-family ownership.