I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

Once refinanced the property will be stabilized but still may see slow/low distributions because of cap rates and interest rates.

Quote from @Bonnie Low: I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

Same as Isha here...would love to hear how things are going in light of the new market conditions.  

@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.

While you might find a lender offering low down payment options, you'll still need cash reserves for repairs, maintenance, emergency fund (ideally 3-6 months of expenses), etc.

AI costs $.02 per property analyzed - so narrowing down in step 2 is there to keep the cost low and the list targeted.

Bad part about low money programs people don't talk about, before 2022 this would not be a factor

Having trouble getting any quotes for a low value SFR (<100k), any leads appreciated

So I had a windfall and can sort of "semi retire" with a part time low stress job.