I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

That way, you leverage someone else's money at historically low interest rates while someone else pays your mortgage and you get experience being a landlord. 

We're at a historical low on inventory.

We have 2 historical examples of significant house price decreases since the 1970's in Austin.

Rates are at historic loans and you are outsourcing this debt to the tenant. 

@Sam EppersonLack of historical financials takes the lower cost financing off the table and leaves only high priced money available, with larger down payment demands.

Restoring a Historic property How did you find this deal and how did you negotiate it?

Restoring a Historic property How did you find this deal and how did you negotiate it?

Just starting out on our real estate journey and we have a duplex in a historic district.

You might find that foreclosures, while historically have been a nice find, are becoming less viable as an investment option due to demand.