Given Austin's competitive market, ensure your savings align with down payment requirements and closing costs for multifamily properties.

The annual insurance cost of $300 is way too low, I'd add another 0 to that.

PS - I'm looking at building one myself, so happy to let any of y'all use it (at no cost) if you would like to chat.

Even if you aren't ready to buy, it will give you so much insight as to what properties are in what areas, how much they cost, etc.I'm an agent here in Pittsburgh and I work strictly with investors.

Starting out if your house hack lowers your cost of living you are doing well.

Also, probably I'd have to fly out to KC a few times until I buy the property to meet the team, potential properties, etc which will add to the costs (~$600-$800 each trip) of owning an OOS property.Given this market, I'd like to hear from OOS investors if they think it's still doable to pull off an purchase worth investing in.I don't want to talk myself out of it again and focus on the negatives but also, want to make a sound decision that benefits me in the long term and doesn't hurt [much] in the short term.

This allows to 5X tax benefits this way, especially if doing cost seg. 

This information sharing is allowed under the Gramm-Leach-Bliley Act (GLBA) with the following considerations: Necessity: The information shared should be limited to what's necessary for the new servicer to handle the loan effectively.

Here's my concerns:Based on down payment and closing costs I would have to pull from retirement accounts to make this happen.

How much does it cost for eviction and collection?