It's difficult navigating the home purchase process in general, but a lot of more difficult buying something with costly surprises you didn't plan for. 

Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.

That being said, with just one unit you don't necessarily need a gigantic software stack to manage effectively.

Fourth, we wouldn’t need to take on debt to make the purchase and we’re comfortable with the costs and management of the place given our history with it.If we buy out the relatives, we would likely pay around $295,000, which we have available now.

You would be exposed to doing work without a permit, the cost of the actual permit and, worst case, having to rip it all out and have a licensed plumber/electrician do it again.I've heard most municipalities around my area no longer charge the work without a permit fine.

My 1st lead cost me $35.

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

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.

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

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.