As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

It was an off market property that my realtor found while I was out of state.

I suspect it's due to the change in the housing market and economy.  

This is especially crucial in urban environments where every inch counts.Enhancing Market AppealIncorporating elements that attract tenants—like natural light, flexible layouts, and sustainability features—can significantly increase a property's desirability.

New builds-broke even in the '08 market on two spec homes, built my own home from the ground up twelve years ago(400k in equity). 

I found 50 acres off market near a few popular state parks in Ohio. 

Also, zoning and market trends matter a lot more than in residential, so it’s worth getting familiar with Tampa’s landscape.

Houston is an excellent market for multifamily investments.

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

If you can manage to keep up with the real estate market in these markets that we have come to hit, and still be able to navigate the unchartered waters.