It is a little riskier because it is pricey but if you look in the suburbs (Round Rock, Pflugerville, Kyle, etc) you can get some AMAZING deals and capitalize on the beyond ridiculous appreciation Austin is experiencing right now.Dallas - Third best metro to invest in Texas.

I was curious as to what else would be involved with the rehab other than the obvious (replacing all sheet rock).  

Taylor seems to be a cheaper alternative than living in Austin and Round Rock.

@Tyler Evans  I am happy to hear that you have reached that "rock-bottom "moment in your life that has the potential to change your life forever.  

@Brandon Turner and @Joshua Dorkin you guys rock and without your help and guidance this won't be happening today.

Personally I wouldn't rock the boat.

Hi FolksWe are planning a 30,000 sqft Neighborhood Retail center in Rock Hill South Carolina.

You can get in touch with her here - http://www.griffithteam.comThanks Tristam you rock! 

Thank you @Jeff B. and @Rick Pozos.We are definitely going to write her a letter. 

Exception might be if you had a rock-solid plan and income stream for knocking it out in short order and the spread was significant - i.e. 16-20% interest rates on high balances vs. 5% on deductible HELOC, and you have all kinds of money coming in to get it knocked off in 1-2 years or less.