My real estate agent said that it is difficult to cash flow in Austin right now (unless you put 40+% cash down) and I should consider an owner-occupied new build.Hence the option below and I'd like to get some sage advice here to see if it makes sense for a first-time investor:- new build (complete in Aug 2017)- fixed price ($223K); 3 BR/2.5 Baths, 1350 sf- part of a new estate area (Phase 1 has ~70 units) = higher property taxes @ 2.55% (versus average ~2.23% in Austin, TX) - current SFR prices in the area for a 3 BR / 2 Bath ~$249K (source: Zillow estimates); this can fall as the new estate builds up (tentatively planned for 70 new builds for Phase 1) - negative cash flow for 1st 7 years; primarily because of higher property taxes (can be offset as I plan to move in)- using revenue and opex growth estimates (2-3%) over 10 years; cap rate = 3.5, Year 1 cash ROI= -5.5%, Year 1 Total ROI= 16%  Well, there it is, not sure if this is worth the trouble of moving into and wanted to hear your thoughts, thanks in advance! 

I'd suggest a darker sage green for the body color (would blend nicely with the wooded setting), with a very bright creamy white trim for all the window casings, facia and gutters, porch columns and ceiling. 

Any sage advice out there?

David Rutledge I think Ross Denman has some sage perspective here.

@Thomas S. has sage advice: their your customers, so treat them that way.  

Account Closed - Sage advice.

Sage White we moved to Lenders Title because we followed the closing agent (she used to be at Advantage).

Curious on the insight from others who have either used this approach, or who have sage council in this area.  

Your knowledge and sagely advice is appreciated.Please reach out.

Sage advice @Jeremy Hunter and definitely something to consider in our search for an agent.