With the cash flow play you need to buy low, negotiate hard on price, expect no appreciation and get a very healthy cash flow, nothing marginal,  And expect when you sell to make little to no appreciation, then any gains are icing on the cake.

Construction and heavy reno will create/reveal problems you didn't know existed, have a healthy contingency and stomach.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This growth is a clear sign of a healthy, active market.% of Original List Price Received: Sellers received 97% of their original list prices, the same as last year.

The buyer was fully qualified and is putting down a healthy downpayment. 

Lifestyle and investment goals involve a lot of thought, planning, and being ready if/when the right opportunity presents itself. 

This indicates a healthy environment for both buyers and sellers.Adapting to Trends: The longer time to contract and sales for townhomes and condos suggests a more thoughtful buying process.

This indicates a healthy environment for both buying and selling.Adapting to Trends: The extended time to contract and sales for townhomes and condos suggests a more deliberate buying process.

These kinds of places are Works of Love and a life style - - are you looking to live there and take on a new life, OR are you an investor looking for a return?  

The bottom 75% of America will have to look to the rural areas and keep a low cost lifestyle, paired with a low Not just Austin...

So how do we achieve this with our busy life styles???