*There was 10.1% more listing inventory in the metro and a whopping 30.5% more active listings on the market in the City of Austin.

What I have are the rents of the 3 tenant occupied units, the owner supplied projected rents for the other two units and a hokey formula on parsing out utilities for the units that are not separately metered. 

For example we helped a client acquire a $1.5M oceanfront home that is pushing $180-200K per year and a $875k home (with no water feature) generating $125k gross revenue annually

Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!

Once those guys are in place and you have a go-to title company that your realtor recommends and a lawyer.

Quote from @Polat Caglayan: How much do I need to invest for a house and a thousand dollar income?

A lot of education and a little bit of practice is something that one can accomplish with elbow grease. 

The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

There is low inventory, lower sales volume, and high interest rates, and as a result many people are sitting on the sidelines, either intentionally or forced.