As an army veteran, I was SO shocked to see that city on there.

It really depends on what your goals are.

Access to capital at reasonable rates IE from a Bank not a HML or PML this is also a big deal  HML / PML is generally 14 to 18% apr on your projects..

If anyone has any pointers on getting stated I would love to hear them!

@Natasha Rooney rates will also be different depending on if you have Credit or not.

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.  

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) 

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

The property has enough land to potentially subdivide and build another 2 units (maybe 3 to 4 depending on size).