However, even if we get into the nuts and bolts of the rehab and find the budget is too high, we simply raze the home and our existing tenants have a large yard for the next 7-10 years.

I've only recently started listening to bigger pockets podcasts, and reading about real estate. my vision is the same as most people on here, which is multiple passive income streams, one of them being real estate. it doesn't take a genius to figure out austin real estate has a pretty high barrier entry to market, with a lot of big fish.. that being the case, I'm wondering what would be possible ways to enter the market (eg. foreclosures, gentrifying neighborhoods, off market properties, etc.), and potential strategies to look for and assess these deals.

Teach a man to fish, and all....

Plenty of fish in the sea keep looking till you find the right one.Avoid th ecomplication of having to deal with a co-signer.

I know this sounds a little nuts, but it seems to solve a lot of "problems".

So if an individual is ( FISHING ) as I call it then it's a waste of time for me.If I have clients totally committed to me then it makes sense to deploy resources and time.

But in case you don't feel like doing the search and educating yourself, here are the stats in a nut shell:1) Mountain View Ca - Two 4plex buildings next to each other.

Never tried any of the rest, but might now that I had to write them out and think about them. 1) Go to every architect, interior designer, top real estate agents/brokers, loan officers in town and shake hands, drop off do-nuts, take them out for coffee/beer and do it regularly. 2) Hit every REI meeting in town and offer to speak at some about the multifamily and spec building process. 3) You may consider joining and participating in whatever local business communities you are in. 4) Offer referral money to subs. 

LOL - It is just all that nice fresh water running into the ocean must be hurting some saltwater fish or other. ;-)  

We're the location for the upcoming World Equestrian Games, being held at the Tryon International Equestrian Center.You can find great artists in the River Arts District using many different mediums for their expression.We have mountain views, hikes, state/national parks, the French Broad River, Kayaking, Fly Fishing, Mountain Biking, good food, beer, and wine.