The last two deals I did were in the $350-450k range which is more worth it in my opinion. 

Hey Keonhee -  Austin can tough market for cash flow, but areas between Austin and San Antonio or up toward Dallas might be worth looking into.

Anecdotally, from searching Wake County (WC) NC records, defaults remain at near all-time lows, and I see this market (foreclosure/pre-foreclosure) as an opportunity not worth pursuing.

to me I view an inspection contingency as you do it and if something is wrong you present it to the seller and say "hey fix this, reduce the price OR if it was major and really bad just walk away".If no inspection was done, then its unethical but reality is its not worth a seller to sue over it.

Quote from @Kobe Carr: Looking to get started with real-estate and would Dallas Texas be a good start for a beginner  I have a sfh in Fort Worth, beware your property taxes.

For many, the hassle isn't worth it, but with a properly written lease, an MTR operator can have sub-leasing rights that allow for MTR arbitrage.

That is worth something, what is happening besides killing fleas?

Your remaining balances weren’t entirely clear on the two mortgages, they are really low rates, so instinct is not to refinance them, but sometimes it is worth it for the longer term vision.It also seems like you may be considering tapping your equity to replace your income, without knowing your age or long term goals, this doesn’t seem like a great idea on the surface.If you are interested in jumping into real estate full time to replace your income you should realize that is probably going to take 12-24 months.

Assuming you paid $430k, put down 10% ($43k) so have a loan balance around $387k and $100k in equity means it’s worth $487k.

Land Acquisition and Initial Costs - How do you determine if a land parcel is worth its asking price?