Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

I will probably do lots of rehab myself because of my background and then scale up as I am more able to afford qualified contractors.

Way way too often Mrs. wants to stay, but realistically can't afford to stay with one income....and it is just a downhill disaster finacially the longer they stay.   

We found a 188 unit deal in Columbia South Carolina and Ryan had actually already underwritten it but he missed the fact that the T 12 actually only had 11 months in it instead of 12 so we caught it and Multi Family Mindset’s internal underwriter really loved the deal.

If they want to leave, for any reason, they just have to pretend they can't afford the rent.

@Thomas Farrell The BRRRR strategy can be effective with $400K in capital, especially in a market like Augusta, GA, offering affordability and rental demand.

He's the guy who shared my interested and connected us, he wouldn't recommend him as a seller if he had bad experiences with his other properties.I did ask about other properties and he shared about a duplex for $200k, but I wouldn't be able to afford the down payment needed.He acknowledged the rent is low compared to the market and never mentioned that it's his "best" property.1) Agree, but if he's been a good tenant is that necessarily a problem?

There is a growing trend of apartment owners investing in submetering systems for water as these have gotten more affordable.

I have not seen anything over 80% nor would any of my properties be able to afford a loan of more than that with these rates.

When I see good deals I tend to jump in vs. waiting for this option but I still think this is the best option if you can afford to wait.2) Take out a loan from my 401K.