Most begin by purchasing lower tier real estate because the price points align with capabilities.

Just be sure to select a reliable property manager that aligns with your expectations

I am currently a Licensed Real Estate Agent for New Western where I help investors find opportunities that align with their goals.

But, if the units and amenities are basically the same, then when the rent agreement comes due, propose the same rent structure.As landlords, we need to continue to keep rents in alignment with the market.

You want an agent that will go through the main coverages with you along with the optional coverage to see what aligns for you personally.

Also, make sure the management entity’s taxation as a C corporation aligns with your long-term goals.Has anyone here gone through a similar process and have any attorney referrals or tips to share?

Then, your alignment of interests with the sponsor.

I believe that this aligns well with the long term growth of Austin. 

This type of opportunity aligns perfectly with our strategy to move fast and capitalize on quick flips.

I would only consider taking on something like this in a partnership manner, where a local person, be it the contractor, a real estate agent, flipper, property manager, etc has real skin in the game, too, to help align their interests.