So if you want a low DP option of 5 or 10% then you’re looking at a PP 840k or under. Take

This is your starting point for when you go to analyze it in terms of your ability to undertake it. 

Has or is anyone in Austin undertaking similar development projects?

I would really give a lot of thought to undertaking this venture in Pittsburgh if you are an out of town investor. 

Same thing with the neighbors when you buy a property that’s going to undertake a big renovation.

However just because the Agent is not bound to disclose to their principal ( if indeed they are in a principal: agent relationship) does not make disclosure unethical, it just means that they don't have to undertake that disclosure.The ethics of the Agent's actions is a grey area and would depend on the various factors outlined above - at least those would be the factors in FL and I stress that the structure may be different in your state.How and ever if you feel distressed about these events you may well have recourse to the law and to the licensing authorities and this would be the appropriate course of action in redressing these issues.

The roof was a big undertaking, but by shopping around I was able to find someone who did it for 1/4 of the average price, and came with a 10 year warranty.

It can be a big undertaking, although there can be profit in it IF the numbers are right and IF you have done your homework to know what you are getting into (both big “IFs”).

It can be a big undertaking, although there can be profit in it IF the numbers are right and IF you have done your homework to know what you are getting into (both big “IFs”).

Option 3: Add a wet bar - The in-between option is we add a wetbar to the basement and a few inexpensive upgrades and then request permits from the city in hope that we won't have to undertake a bigger project in order to legalize the basement and save some money and reassess.