With all do respect, I think you are miss understanding what I was saying.

Versus other areas are more in the 50k to 80k range. 

Depending on what price range you're looking in, you might be a little tight on funds.

Temple is not part of the Austin metro area, but within a long commute range for a few.

@Katharina Bormann They don't seem like very respectful tenants.

Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)

I am working on my RE license for VA and see some gov contracts where JLL "is the Commonwealth’s contracted real estate broker for current real estate services, including with respect to the acquisition or lease of real property and the disposition of surplus real property." 

The average LTR for the area for a 2 bedroom ranges anywhere from 2400-3400 (in the summer) the town I'm in is an extremely sought after place to visit also it is very close to D.C so rent tends to be on the higher side.

In the $3000/month range, you deserve a lot better than this.

Would the fact that our house is in the ~ $850k valuation range influence your advice?