Hi Thomas, it's pretty hard to give you a solid answer due to rising insurance costs and rates (which have begun to decline for the 3rd month straight).

They can either accept/decline the offer and most likely you can back out from the deal.

Its definitely tough to cash flow in Austin - even with the recent decline in prices. 

If you choose to invest in a city where rents have not outpaced inflation, no matter how many properties you own, your income will continuously decline until you are forced back on the daily worker treadmill.

I see replies with a lot of misinformation but I think without a rate decline and associated refi, it will take more than a couple years for a local MLS purchase to have positive cash flow. 

Regrettably, the lender has declined to furnish the requested quote, citing multiple payment requests with no response.Complicating matters, the lender has expressed an intention to commence foreclosure proceedings next week.

A trend I have been seeing for years.That happens of course, but overall the population decline continues.

I think we will see slow steady appreciation the days of 10%+ appreciation are long gone but I don't think we see strong declines either. 

A primary reason for rising inventories is a sharp decline in investor home purchases.""

I noticed a decline and interest in my Airbnb / VRBO as well...