But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

There is no one size fits all answer for this question, market to market, and property to property are all different. 

Just because the deal may not fit our criteria, there are many other syndicators that will.I finally decided to make that data available to other sponsors that easily makes up for the time/effort that goes into it.

I would not eliminate OKÇ based on tornadoes, that is why you carry insurance.It will very difficult to find something in Austin that fits your budget.  

There are down payment programs for duplexes, i have not searched or tried to do a 3-4 unit property. 

If local options aren't a fit, expand your search to other markets with strong rental demand.

The ADUs that the most experienced are adding leverage bonus density program or other such rules to add multiple units and for the most part they exit.  

What does your fitness pattern look like? 

There is a local loan program, I believe it is called the MCT loan. 

I’d be happy to help you find the right fit for your first property.