@Amanda Dobbs you have some good comments above but we can't tell anything about the property you are looking at. 

  • High renovation costs.

With high home prices, rising mortgage rates, and intense market competition, securing a property has become increasingly difficult.A recent survey found that over 60% of real estate agents reported instances where Gen Z buyers lost out on homes due to delayed decision-making, missed appointments, or hesitation in making offers.

That's a good question.

It's good.

Investing in real estate can be highly rewarding—but it also comes with risks.

For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.

Quote from @Owen Wang: I am 17 years old and will graduate high school next year.

Taxes are high in TX with real estate, so put more money down to create some cash flow.

Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.