So far the applicants that are coming in are unemployed but have housing vouchers that can cover 100% of the rent.

If there’s a housing crisis where you live I would expect you can get it full of good, quality tenants in about 4 months.

One company is called the BNB Model and the other is called Golden Sky Housing.

The first a fix & flip so you can get the rehab done and then after 90 days ownership we can refinance based on the new value of the house into a DSCR loan. 

Purchase price: $300,000 Cash invested: $65,000 Sale price: $455,000 This house needed a full renovation to compete in the challenging Austin, TX housing market.

- Everyone: What solutions do you see to make housing more affordable?

Additionally, my renovations are full guts anymore, which helps limit some competition and allows me to push the ARVs relative to other houses for sale in the neighborhoods.Admittedly, this doesn't necessarily create substantially more deal flow.  

Have you considered house hacking? 

Before thinking of going for the 3rd one, which would be great if it goes as well as these two,  I need to fix my own house (personal) .

Also, would you advise of stearing clear of any and all flood zones due to the outrageous flood insurance costs if looking to house hack?