I am going to go meet a prospect at her property. I saw her for rent sign, called her, and asked her if she was willing to sell and she said yes. ARV would be about no less than 230k . She is asking 175k so I would pu...

Also, older units may attract a certain type of clientele as well as how the park looks.

The multi family/house hack option has been the most attractive to us... do you have any thoughts on specific areas around Austin or is that just the strategy you'd take?

On the other hand, as agriculture and energy jobs--the main reason for moving to these regions, for many--become totally obsolete or redundant... and as the major urban markets offer more attractions than ever...

When it's coming out of your wallet from a week's pay, you think harder, do more research, and make sure it's the right marketing strategy before you pull the trigger...which is a good thing.So, my advice, if you can refinance the principal balance for a lower rate, and that frees up some money in your monthly budget so you can launch a motivated seller marketing campaign...then THAT is the right route. 

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

We're live in our owner occupied 2 unit building, and are realizing the importance of attracting high quality tenants so we can co-exist peacefully and happily at our home. 

But a 2/2 bed/bath is likely going to attract single servicemembers moreso than families.When you factor in that electric isn’t included, your likely renter pool for being able to afford the place may be limited to a mid-level/senior NCO or an officer with a few years in service.

I was looking at the areas that could attract more than just military though.

Tends to attract a younger /trendy crowd.1REClub- http://jimmyvreed.com/network/...