I'm in Austin as well and am in the process of trading in my FHA bought Single Residence Home into some sort of multifamily home.

We order all sorts of stuff from them. 

I prefer the latter.I would like to do a rehab of some sort for my next property. 

What sort of questions are important to ask?

I've seen that Surplus Warehouse had similar sorts of slabs, but not a lot of variety.

I suspect census.gov has some data that would help sort markets with high rents and low values but have not found it.

VCU-MCV (Medical Campus of Virginia) and overall health industry is booming and bringing all sorts of new jobs and grad-students.

One other hair raiser about this guy to me was the fact that he was moving from a $450.00 rental too my $300.00 rental and said he could not afford the $40.00 transfer fee nor to have the financial ability for at least two weeks.

@Matthew Do you have to put the initial funds up for the construction companies or do you they take some sort of a deposit?

Fore example, do any of you maintain income/cashflow statements for the properties, or do any sort of financial performance analysis after it is purchased?