If you will be leasing be sure to get a good maintenance clause in your lease.

Good luck to you!

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

I think if the end result is affordable housing people need to be invested in their own housing otherwise a good percentage of the beneficiaries of your program won't care.  

Identifying neighborhoods with good schools, infrastructure, and amenities can lead to finding a hidden gem.Myth 4: It Is Only Seasoned Investors Who Can Handle Distressed PropertiesExperience is helpful in real estate, but you do not need to be a seasoned investor to do well in distressed properties.

Good Luck!

But yes long term I am interested in buy and hold single and multifamily. 

The city also confirms if the utilities have capacity which they do.Its a simple case of NIMBYs having a huge voice in this jurisdiction. you are doing everything right. just file a couple lawsuits get a good lawyer and keep going. 

We love investing into properties that we can hold long term and we have been fortunate enough to have great tenants through our intense vetting process that stay with us for long periods of time.