Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If anything goes wrong with the job that can be made to look like it's due to the plans, they are on the hook.if their actual cost to produce a set of plans is $5000, they should charge you about $15k IMO.Or you can try drawing them...

But, before I became an agent I decided to invest just over the hill in Reno, NV because of the low property taxes, landlord friendliness, steady increase in diversified job growth, land constraints, proximity to Lake Tahoe, and steady population growth. 

This morning, before heading to my W2 job, I contacted some local electricians and building inspectors to assess the situation.

Again, consider the requirements of your lender (if applicable for that rental property).These are just a few areas you can consider and visit with your agent about, and are likely the most common ways to reduce premium. 

These large buyers/owners would discover that no matter how much they controlled their processes, it was extremely common to have multiple houses in the same neighborhood (or even on the same street) with dramatically different floor plans, mechanicals, and finishes.

My question is this: is it wise to put the full $200k into the initial purchase of our personal residence, which would allow us to qualify for a house that better fits our needs since only my wife has a guaranteed job at the moment, and then, after a year, pull that equity out to invest in a multi-unit? 

That creates a lot of work for me, especially because real estate is not my full time job.

Austin is a very challenging cash flow market, but that's because Austin is a market in high demand with strong job and population growth.

This has been common to several blockchain use cases.