I am not sure what tools you are using for your cash flow projections but it's possible to have a property that does not cash flow year 1 but will in year 2 or 3 and so on based on average historical appreciation in Austin TX. 

Real estate investing is forgiving; the average person can still make money even with some big mistakes. 

I live in a good, appreciating market where the average home price is above $700,000.

I've got a great resource you can download with the lists (check my profile) on where to market your MTR. 

Average cost for a new home build is $300/sqft and up.

In contrast, our target demographic, families with children, stays on average over five years, reducing turnover and vacancy costs.

You will average about 0.8% rules here in Columbus with section-8 rents.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.

And if your average review score is 4, they will probably boot you off the platform.