The layout was really odd and I dismissed it because the flow of the floor plan was awful. 

@Karsen Wynn Even if you find a part-time job, they are going to want a two year history of you having part time employment in order to give you credit for that income.Your best bet is going to be to go through a Non-Prime/Portfolio style loan where they are approving you like they would a commercial property - based on cash flow and some other metrics that do not require you to have income.

I think if they lived here in the US you probably follows the rules like you said, it passes to you with a stepped up basis but if they died in another country all bets are off, I have no clue.  

Like many investors have said it is very hard to cash flow in Austin anymore and your best bet is to get your return from the appreciation.Just 90 miles south you have San Antonio.

Cool adventure bet the kids loved it.

Now, this still sounds a bit odd to me.

As a short/medium term furnished rental, wherein you are targeting white collar professionals in town for 1-6 months (instead of AirBnB party animals that might trash the place), I bet it wouldn't be losing $600/mo as a rental. 

The use of the statistical information will allow to anticipate future developments, to supply the demand.Citizens bet on living in large urban centers.

Find a local meetup that plays the game & I bet you won't struggle w/ gauging a decision in real life after playing the game.

Maybe the best bet for me at this point is to try to work along side a syndicator, even though I have zero interest in syndicating a deal myself (just my personality) but the time is a tough commitment to me.