He gets pretty detailed in his underwriting processes so I highly recommend checking it out.

But in Austin, most duplexes in my area are appraising much too high to cash flow. 

Being patient and selective with your acquisitions is important in the Houston market.

3) Chances are HiGH you would make more money putting your tax free capital gains in a bank CD than using this property as a rental. 4) after all that. 

We are very flexible and would highly appreciate any suggestions or recommendations you might have!

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.

You also have to take into consideration this is a condemned building, so you will need to get permits for all the work you will getting done on the property, Also, given that this is SV and not a prime area on the west side your ARV will not be high.

We had a recent FHA quote with 3.5% down in the high 5%’s..What do you expect from the purchase and refinance markets if rates drop by 1%?

I highly recommend taking your deal(s) to your local meetup.

Hello,A good rule of thumb in NC I tell my sellers about: if we get lots of showings in the first 2-4 weeks, but no offers, the price is too high by a good bit (15-25% estimated).If we get showings, and one low ball offer, the price is a little too high (5-10% too high).The longer a property sits on the market, the more likely you'll end up accepting a lower price ...better to go ahead and do a price reduction now and sell it faster, than letting it sit and eventually the market will do the price cut for you.