We're National - I'm based in California.   

Based on the continuing research, wholesaling property wouldn't be the right strategy. 

I would not eliminate OKÇ based on tornadoes, that is why you carry insurance.It will very difficult to find something in Austin that fits your budget.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I have not started looking in those markets yet, but based on everyone's great input on here I definitely will now. 

Hi Ryan,Typically construction financing isn't based on your taxable income and rather more contingent on your experience, FICO and the deal itself.

For any value add project, the primary evaluation is based on the numbers.Provided you have trustworthy teammates for the renovation side and a competent agent on the valuation side, you'll perform no matter the location.It seems your weighing factors that relate more towards long-term investing and where your asset will appreciate the most.In respect to emerging markets, you'll want to use characteristics like population growth, employment growth, safety trends and path of progress.

Then make your decision based on information.  

It's a 3 restaurant package in West Virginia (where we already have a base) and includes 1 piece of real estate.

Jeff and John are extremely reasonable and may give you a handful more great ideas based of what your end goal is.