But aren't all good markets, meaning that's where people want to invest?

People might think you have something to hide.

I may have an unpopular opinion for Austin Market but i think hype is going down and things are settling down still not to pre pandemic levels, probably wont happen due to influx of people that moved in.My understanding is more people will move out than move in to Austin next few years but that is with in circles i know not necessarily representation of austin market. 

More people are buying in the Owens Cross Roads, Harvest & Meridianville areas because you get more bang for your buck.

Most people are just happy if their hand doesn't break through the sheet.

As to the buddy I mentioned in Washington state it was the same scenario; he converted tax-free up to their standard deduction but above that he kept within the lowest tax bracket and paid the smallest amount of tax possible.Thank you @Basit Siddiqi for calling me out on this and giving me a chance to address my mistake; it's important people have the correct information.  

That might be the biggest hurdle - but otherwise, I'd check out "DSCR Loans" which are the perfect option for people like you looking to buy rental properties w/o W2 or DTIWe don't own any other properties other than the investment property we just purchased.

But there a billion people out there that would disagree with me.4.  

Hey @Jared Lyon, there are lots of people out there coaching investors that are doing lots of good work.

I'm joining Bigger Pockets to try to connect with people who can teach me and encourage me.