This is also a small private college town, so there’s no shortage of tenants now or in the foreseeable future.

Hi all,Been on the house hunt this year for my first property, a duplex in Austin for a house hack.Obviously it is very difficult to find a cash flowing rental in Austin proper; but, we're not really interested in moving out too far from the center of town, for lifestyle reasons.Looking at one potential property, and it looks like, factoring in net rent from one half  of the duplex, property would 'cash flow'  -$2000/mo (FHA loan, 3.5% down). 

A residential cost seg might be a good option to explore.- If you have a loss which you might at least on paper, you can deduct all looses against your W2 income without limits.- Structure: Form LLC, if you have looses don't treat it as an s-corp yet, since it is an added unnecessary cost at the moment but do form it.- Have kids: Hire them, they pay no tax up to 12K each and you get to deduct 12K.

I own a town house for over 10 years .

Right in town...some prefer, some don’t.

I invest exclusively outside of Fort BraggThe only benefit of buying in a military town is it can be somewhat insulated from economic downturns. the detriment is military towns are generally stagnant.

Keith,Northern Nevada has been booming lately due to low cost of living (which has been steadily increasing), taxes and businesses coming to town.

I am exploring the state of Colorado for the next 8 days. 

Permitting can even be town specific.

Quick Story:Found a nice quadplex in my local town that an investor is selling for cheap.