I think you'll be hard pressed to get an ARV of $140k IMO...I'd expect something around $115k or lower.

With a fideicomiso, the gross income is taxed through a withholding tax whereas, with the corporation, the rate, you can deduct expenses but the taxation rate is higher.

If you are borrowing $150k, rates will not likely drop enough for you to justify a refinance due to lower rates.

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.

And best part, all the offsets to it could readily make it a net-0 added expense to tax payers.

Is the higher price agent inflating to get the listing or is the lower price agent just not keyed in well enough in the specific neighborhood?

Expect them to be expensive, also.  

I'm also considering Halethorpe because it's a good commuter location.Some people really like supporting the city in which case , northeast Baltimore would seem to the best place to buy a single family, in my opinion given the taxes situation and given that none of those areas are walkable I’d rather just be in the county and pay Lower taxes, and it’s not like northeast Baltimore is much that much cheaper than Baltimore county, hathorpe is mixed, arbutus is nice, I hate the housing stock there, would rather be in Catonsville if I was considering western Baltimore county. 

Due to current interest rates, many CAP rates are much lower than they should be and usually there is only so much price discount a non-delinquent seller will be able or willing to offer.