You rent out the upper and lower units and the total creates positive cashflow that may not be available in a regular single family unit.

If come Saturday I feel my time has been totally wasted I'll skip day 3 since surely that will be the heavy sales pitch day. 

On the other hand, the total gains = income + capital appreciation, that you can potentially enjoy in Austin will far outpace most other MSAs. 

The rates went up big time yesterday btw Once you figure out monthly mortgage payment, property tax and insurance and the total is substantial lower than the market rent then it’s worth looking into.

Do not rely on it for legal advice.

My first property was a complete and total disaster! 

Loan Amount: Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.

It's very simple to make a spreadsheet that sounds great, realistically much harder. 5 single families are much more expensive, time consuming, and a hassle to deal with versus 1-2 properties that have 5 units total.

Do not rely on it for legal advice.

New construction costs can vary on several factors - land development, total sqft built area, on-site/off-site utilities, retention/detention area, covered/open parking, type of foundation and the list goes on.Do u have all permits from your City/County?