-BSEE from UT-Austin-MBA from TCU (Lockheed Martin paid for it....every cent)-2 years training in real estate from specialized niche training program (worth every cent)-10 years in corporate world (transportation industry, designed fighter pilots control systems, designed automated test equipment, tested computer software)-10 years of real estate experience now (SFRs, multi-family, fix/flip, new construction, small development, ran coaching program for almost 2 years)Finance coursework has proved very useful as has the MBA training.

Transportation was necessary, I used it every day, so it was an expense I could justify and would be able to pay off every month.Really should have been working on those student loans.

Austin is also facing ever worsening mobility challenges without the added stress to the transportation system associated with HQ2. 

However, before you buy a first rental home you have to consider the right location, look for places with lower property taxes, highly-regarded schools, and amenities such as parks, restaurants, shops, and public transportation.

Ideally close to public transport for commuting.   

"Live in Madison County, work in Marion County" used to be the motto but that is slowly changing now with the State of Indiana Economic Development Corporation and Department of Transportation targeted funding and focus on the I-69 corridor.

I suspect given the relatively cheap and plentiful supply of coal easily transported to the powerplants in this region, that we're quite a ways from large scale solar electricity generation in this area.

To buy out of my area, I would need to include transportation, lodging to see the house prior to purchase. 

For the experienced multifamily investor:Assuming all systems are good and there is little to no deferred maintenance what sort of value do you think a stabilized, brick skinned quadraplex with slanted roof would be worth in a solid "C+" area with shopping (WalMart, Kroger, etc) and public transportation within walking distance and major employment centers nearby?

I look for properties that are:1- near major places of employment that is relevant to todays business climate 2- Close to Hospitals 3- Close to Universities 4- Close to Transportation (Major Hwys, bus, train and ferry services).