It doesn't need much, just fresh coat of paint..

Also, your loan will likely be more advantageous as a residential investment property right now.

Hey BiggerPockets Community, I am a newish investor in Austin, Texas and wondering what your opinions are regarding entering REI through Fix and Flips in ATX in 2025 and beyond? 

How heavy is your wealth tilted to real estate?

Thanks for your help!

Multiple reasons why - high turnover, language barrier, individuals not representative of your brand, etc. 

Given California's high property values, your plan to purchase a duplex or multi-family property is smart.

@Austin TessTo buy your first multifamily property, follow these steps: get pre-approved for financing with an FHA Loan, identify a high rental demand market, choose between house hacking or pure rental strategy, analyze the property using the 1% rule, build a team, negotiate the purchase, and manage the property professionally.

I’ve just reached my own personal “happiness because of income” threshold.

@Charwak Gummalla, more clear details of your plan might get you more responses. 1.