Is this just a function of low inventory, high interest rates, and high taxes? 

Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my  vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.

It is a tear down opportunity.asking Price : 400ksqft: 2,954Built in: 1948Arv: 775k to 880k I would study the area more and push something more high density like condos or a 4 unit and lower the risk through multifamily density and rezoning.

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

Taxes wise I have opened up a high yield savings account and putting money into it in case I do end up owing taxes next year, but what do I need to be saving as far as forms, I don't have the tenants on a lease yet since this is my primary on the mortgage, but I am giving them receipts when they pay rent every month and keeping those saved.

But Ive owned in those high risk areas before, and it can be brutal

Hello BiggerPockets Community,
I've recently acquired a property through an auction, situated in a C area. My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite a...

This is how I analyze risks and make risk-adjusted return decisions:Identify the Risk: Vacant units could be a sign of high vacancy rates. 

Some of the indications I'm getting are that we're pushing the limit; the amount of 2/1s north of $300k or in the high 200s are absurd.

I've searched high and low on the forums and haven't found any good solutions.