. #5 hits the most for me, as I’ve had and have many clients that either exit as a refi or a sale, but don’t consider the future value/costs based on that true future value or completion timelines.

As far as financing, I have considered  1) an FHA loan with a cosigner, and 2) going off market and approaching many owners about potentially seller financing.Any and all feedback, advice, and info on potential pitfalls would be appreciated!

You have consider that your average first time home buyer, has no clue how to read an LE, does not even know what fees are for what, and needs that additional assistance for them to feel comfortable purchasing their first property.

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.

Start small and consider areas like Georgetown, San Marcos, or San Antonio for more affordable opportunities and long-term success.

Long-Term Potential: Consider the type of project carefully.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

I simply call my broker and add the customers name to my liability policy.

Consider the security deposit waiver program.

I'm in the early stages of considering a venture into the short-term rental business in Austin.