I'm assuming you're not looking to turnover the tenant, but your rent appears to be way below market.

@Audrey Sommer I prefer investing in my local market (Snohomish County).

Austin is a fantastic market, with its growing tech presence and vibrant culture, making it a great choice for your future career. 

Additionally, their marketing was very compelling.

.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.

We have family teams in place in both markets of Texas & Virginia and source deals on/off market through agent referrals, cold calling motivated sellers and PPL.Well, if you get more deals than you can handle and they’re too good to be true I have a friend in San Antonio that buys properties I might could point you to. 😇 

If so, I would appreciate hearing your thoughts and experiences regarding the local market, investment opportunities, and overall outlook for the area

Has anyone had experience with Jerry's marketing program using Craigslist and VA's? 

I have found a good market and have built a good team thus far and I'm ready for my first flip.

IMO better options- If you don't need the money in the next 10+ years look into Annuities I'm seeing 7-9% and you don't have to participate in market downturns.