It is in a perfect location (off the square) in a very popular tourist town outside Austin, Texas. 

Quote from @Brandon Snyder: Adam, that off market inheritance lead sounds like a perfect opportunity for a first purchase.. especially since you’ve already built some rapport with the seller’s family.

Perfectly legal, no hassles.

Best of luck 👍🏻 @Justin This is almost perfect advice but you do need 3.5% down with an FHA mortgage.

If you’re a buyer, this could be the perfect time to explore new construction.

Not considering it will take years of perfect rental with no vacancy or capex just to “break even” with where they are today. 

Finding an investor-friendly agent is key and they should be able to help you with 1-4, I'd say talking about those questions you asked would be the perfect thing to ask any potential agents you interview! 

They are a bit undersized but perfectly suitable for 1 bedroom apartments and the slight increase in costs is far less than the costs associated with venting the units properly.

🎯 The Real Parallel for Real Estate Investors:AMEX and Coca-Cola together show Buffett's core principles that align perfectly with real estate investing:Buy Quality Assets During OpportunitiesAMEX during the crisisCoca-Cola during market pessimismJust like buying good properties during market corrections!

@Mindy PerryReally doesn't matter what software you pick as long as it has the features you want.Two biggest challenges with ALL software:1) None are perfect, so deal with the tradeoffs2) Most users rarely put in enough time to really understand how to utilize the software.