A couple quick points to some of the questions you raised.- Don't pay cash, leverage.

Unfortunately, I ran into the same problem and then the also raised prices multiple times and it's no longer free after 14 months. 

Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.

Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.

However, after tenant moved out on 9/30/24, the pool for interested tenants was shallow and so we listed the property to test the market and ended up getting an offer at asking price within a couple days.

@Tod DuBois couple of thoughts:1) If you're getting that many leads - raise your price!

Much more difficult to raise EQUITY capital through partners 3.

I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!

Sometimes they raise prices based on the data, and sometimes they drop those same prices, even dramatically, when the data says to do so.

I am aa TX gal, born and raised!