While Austin can be tough to break into I really like it, short vacancies, great quality tenants and rapid appreciation!

Originally posted by @Greg S.:Can

I don't see many homes for sale around here but I do real estate photography/3-D scanning for rental homes and even their business is slow. 

It’s a matter of being flexible, nimble, and constantly scanning.

Although prices keep rising, still relatively affordable, lots of opportunity for purchasing cash flowing rentals, lots of older neighborhoods with rapid growth, & everything between Austin and San Antonio booming. 

I scan in everything & back it up on several external hard drives, including all rehab/major repair pics.My wife insists on the last 4 years in file boxes for quick reference.Last April 2022 I was blessed with my 2nd IRS audit that started with 2019 & went back to my last audit 2012.

When I was living in LA I had my eye on San Pedro as a real up-and-coming area that's undergone a rapid transformation in the last few years; if I'd bought for an investment in LA, that's probably where I would've gone.  

It had been sitting for 80 days on the market because the timing it went on with interest rates rapidly rising.

Prior to purchasing in 2022 when rates were rapidly rising, I did underwrite this deal at upwards of $100k in costs and 9% interest and it still penciled out.

This can also help increase your equity rapidly in your deals. 2) Convert Existing SF - Often time in small multi families this could be an extra storage area or office area that you.