Due to the highly competitive market and high cost of entry into the Austin RE sector cash flowing from day 1 is unlikely.

It just seems like both sectors are growing in popularity at this point.

In general people do not sell mortgages, instiutions do.The mortgage loan originator or loan officer (MLO for gov't, LO for private sector, the catchall terms) being a employee of a bank ("mortgage banker," think "W2") or an independent contractor ("mortgage broker," think "1099,") doesn't really enter into it.

Happy to discuss privately if you wish.But that's a very blanketed statement in a sector that is very local. 

The employment sector has done exceptionally well, the California unemployment rate currently sits at 4.5%, but if you look at the unemployment rate for tech workers since Silicon Valley heavily influences our area, the unemployment rate for the technology sector is as low as 2.0%, well below the overall unemployment rate.

@Mark Anderson so many possibilities but here's where I'd start:1) What areas have the highest long-term growth and public/private sector investment?  

My first recommendation would be to educate yourself as much as possible on the real estate market, particularly the multi-family sector.

Money that stays in the private sector is spent way more efficiently,  and often has a larger local impact.   

According to the FTB website, “as a part-year resident, you pay tax on:- All worldwide income received while a California resident- Income from California sources while you were a nonresidentMy understanding is the Oregon rental income or loss that is applicable to the time I am a CA resident should be includable on the CA tax return.

The wealthiest of seniors are well taken care of by the private sector in nursing homes and lesser forms of assisted living situations that start at $5000 per month and can rapidly escalate.