When choosing the right market, it’s important to decide whether you’re focused on cash flow or appreciation.

You are smart to pump the brakes on scaling, but keep at the learning aspect as you guys figure out what the next step is.

There has been a flight to the more quality areas of Austin.I agree on us having hit the bottom, time will tell but I think we'll see demand increase and rates decrease over the next few months Yeah - I was more talking about outlook for 2025+, I think the correction has likely completed (just opinion) 

I’ll have $50K saved and $8,000 in credit lines. 

Would love to hop on a call and answer your questions.

Hey Noey,The way I see it would either be a bridge (depending on how low) which wouldn't necessarily satisfy the 30 year stuff or getting creative on a 30 year.You could bring on a person onto an LLC to act as a credit partner and to find a lender that would utilize their score for pricing.

I'm under LOI to acquire my first LIHTC property (107 units in semi-rural south Chicago suburb) and am moving fast and furious to get up to speed on all things LIHTC.  

It might help other new investors to know how it was going for something that big on the first go.

Louis, so just seeing if anyone could give me a local investor's perspective on the area? 

So when the for-crap property manager ran the false name, no information on this prospective tenant came up.