Because anyone who can afford that can easily afford to buy a $257k house.

House hacking is also great: you will be able to get a low down loan, a place to live (for free if done correctly), and it is easily repeatable (after 1 year you can do it again).Let me know your thoughts!

I would recommend a fourplex to start and the you could do 20+ pretty easily.

This can easily be found for each of the different buildings that you're looking to purchase in through a real estate agent, if you're already working with one. 

I reckon people are waiting, regardless, for we can't easily view properties in a lot of markets due to this bleeping virus. 

Very safe neighborhood and would be easily rented.

@Ken Calvin I'm not sure I understand why you want to look for further proof from this person when you already don't get a good feeling.There's so much money out there chasing so few deals, you can find another lender easily enough.I'd recommend connecting with local real estate groups and/or local attorneys, ask around who good local private lenders are, and then give them a call or have coffee with them (even if outside and socially distanced).

I could very easily see myself living there for 3-10 years before moving into something bigger and renting it out.

@Hai Loc I was currently looking at the London market, houses are cheaper and can easily buy under market value to gain equity

I've few houses lined up in block creek community in Leander at 260s but wasn't sure how easily that I could rent it out