Also, focus on 2 years of job/income stability.Section 8: This is the Property Class S8 was designed for.

Focus a lot on the kitchen counters, hard surfaces.

Pre-construction homes, which could build $50-60K in equity within a year or two.I can afford a 20% down payment, but I’m torn between focusing on equity (pre-con) or cash flow (resale).

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

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Marc Anthony MacielIf you're diving into house hacking and multifamily investing in Southern California, you’ll want to focus on markets like Riverside, San Bernardino, Ontario, and Long Beach—areas with strong rental demand and solid appreciation potential.

In Reno and metro areas, insurance companies primarily focus on roofs, the age of the building, wiring updates, and water pipes, as mentioned @Cameron Moore.

I suggest focusing on properties that need cosmetic work in order to reduce overall risk, while keeping access to a good ARV.

I would keep the brokerage account and focus on the tried-and-true practice of saving up for a new investment.

They don’t verify guests properly; screening is weak because they’re mainly focused on hotels/flights/car rentals.