For example we helped a client acquire a $1.5M oceanfront home that is pushing $180-200K per year and a $875k home (with no water feature) generating $125k gross revenue annually

This statute section covers items on PMc's, and as detail here, an exclusionary clause to the statute which via that exclusionary clause it there in becomes an empowerment for the referenced actions being exempt from the prevailing statutes for that item.

The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

Talking with a real estate CPA and a good lenders can also give you perspective on your finances and how to reach your goals. 

*There was 10.1% more listing inventory in the metro and a whopping 30.5% more active listings on the market in the City of Austin.

What I have are the rents of the 3 tenant occupied units, the owner supplied projected rents for the other two units and a hokey formula on parsing out utilities for the units that are not separately metered. 

I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.

They are always leased here even for the corporate stations where they have a convenience store, a Popeyes or the like and a car wash.

The investors that I work with find this much less risky and a much faster way to get to ROI. 

For example I have an account for each property and a sub-account just for the security deposits for those properties.