@Josh SchoberAlso if any big ticket items (roof, furnace, H20 heaters, plumbing, electrical) are at or near the end of their useful life, I add in the cost for that in the upfront cash I will need, even if I think I can get a year or two more out of it.

, I'll just talk in some round numbers.I got serious about a Savings Rate number and started at ~20-25% net income, which at the time was $1200 (Savings Rate)/mon.  

At closing, one option I would suggest running by the CPA is the option of having an interest only note that balloons in two years (  preferably structured closer to year-end ) with a prepayment penalty equal to that of the gain as there is some very interesting things you can do if a note is structured that way in this ticket or scenario.  

You could possibly get away with buy/hold around Georgia Tech and UGA as they are both very popular universities.  

i have 2 rentals in round rock.  

I am determined to become financially independent and know real estate is the ticket.

Shoot me a private message and count me in on your next round of agent interviews.

I forgot to add the "please disregard this letter if your property is listed with an agent" to my latest round of mail. 

I was thinking if I live in one and rent two could I get away with that not being an investment property?

First some background on how the annual tax auction works: The first-round of the auction happens in September when all tax-foreclosed property goes up for an opening bid of the back taxes owed.