I know there are a zillion posts about partnership structure and the details...yes, I know "whatever you and your partner decide between you" is true.

If this is true, then I think you should dig more into the current tenants.

, and the ones that did were way back in 2014 before my guess is they were fixed / rehab'ed it makes it harder to determine it's true value.That said, it's definitely a deal given it's one of the last homes, that's not been renovated in the area up for sale. 

@Tim GibersonYes, that's very true!

We have considered buying a fixer-upper, but the current market is oversaturated with true cash buyers (not investors using hardmoney), which has added some barriers to entry.

But that wouldn’t be true in most places.

Have been saving up to make another real estate investment and have found that true multi families are hard to come by in the area.

I dug in a bit more and saw that the $300k mark is not much for the true Austin area.

That quote is hilarious - AND TRUE.

@Frank Rodrigues very true, definitely a much better perspective to take when deciding what route to best take at this moment