Buying based off the things you read on this forum would be purely speculative.

After including HOA fees, you would net about 630/month based off the info you provided.

While getting on BP is a great place to network and receive feedback as well as learn, I think educating yourself is a great base before getting started.

I don't know the Austin market well, but based on my research, you most likely will not cash flow in that market for a few years at best.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

They can provide professional advice and guidance based on their knowledge of local regulations, market trends, and investment opportunities.

I would base this on your numbers, not sellers (seller financials are one of the biggest jokes of this industry), and your return requirements.

If you have trouble showing income and the property is non owner occupied, you may qualify based on DSCR 

Appreciation is based on the specific/immediate area of a specific property...not the state. 

We then also have a team of “coaches” that will help make sense of the numbers and provide feedback based on the data we have seen from hundreds of other successful deals before.Rehab: Another resource we provide is inspection report and rehab bid reviews with our construction coaches.