Adding a response here in case anyone stumbles across this thread in the future.

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

How do you factor that unknown future expense into the ROI?  

I've used to it myself to analyze all of the 35 units I bought over the last few years and personally talked to 100's of other investors who've analyzed and closed on great deals using it.I'd love for you to actually try it and would be happy to receive and incorporate any feedback you have into future releases.

Properties that grow significantly in value provide the equity and leverage needed for future investments, which can multiply your returns over time.

Schools are solid, demand is high, and I think that you'll see an increase in housing prices in the future.

As a former CPA and attorney who managed a distressed property investment fund, I've analyzed countless real estate opportunities. Today, I want to share why I've pivoted to developing container home senior communitie...

They should be proactively communicating with you as to why they can't find a tenant and discussing options with you.PM's do get busy, so before firing them, try to have an open conversation to find out why it took so long and what can be done to rent faster in the future.

Austin tx is not as bright but the future market of Austin is promising!

In the future you could add in penalties for being late and possibly a bonus for being early.