@Gregory ReevesLet’s say more inventory did come on line, are there enough buyers who qualify who could even buy?

@Marcus Gomes you only need 3.5% of purchase price for an FHA loan.You can buy a 1-4 family property with that, more units the better.You can use an FHA 203(k) to include repairs in the purchase mortgage.Either buy a SFR and rent out rooms, or buy a 2-4 and rent out the other units.Both will require you to learn how to be a landlord.

Currently, Austin has a huge amount of apartment construction coming on line, and this is putting the pressure on rents.

The hours working as a W-2 employee may potentially not count towards the hours requirement if you are not an above 5% owner...

Does anyone have experience in buying houses from online auctions? 

And now it's not.I've heard of 203k loan but don't know anything about the requirements. 

Quote from @Sheila Nyandebvu: I believe the law requires them to provide a settlement statement 72 hours prior to closing, and you should definitely have one during closing.Do you have any documentation showing what rate they quoted when you first applied?

I am considering taking the CO/national real estate exam + course hours requirement and becoming an independent broker or associating with a small brokerage (I can see the benefit of associating with a firm experienced in the area and able to bounce ideas off of).

1) what are the notification requirements for a tenant in your jurisdiction?

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