But I do see an inevitable correction to some degree.

I am pursuing a Bachelor's Degree in Economics, and would like to use that knowledge in the fields of Real Estate.

Aside from WW3 or some other catastrophic global crisis, it’s difficult to see how prices in Austin could fall significantly in 2022, despite the headwinds mentioned.

In most places you need to make sure that the furnace will keep the indoor temp at a least 68 degrees but making sure it is "balanced" would be outside the scope of what is required by law here in Ohio.

You just need to run more numbers until you're comfortable knowing (or estimating with a high degree of confidence) what the FMV is.

I own REVA Global and we train them in real estate, feel free to pm me if you're interested in learning more!

80 degrees is not A/C weather.

Those may not require commercial zoning to the same degree and if those laws look favorable, just buy non-commercial property and fill them with portable storage units and call it self storage.  

However, those conditions were largely caused by a global pandemic and historically low rates.

My 10 year old daughter took that pick while we were feeding our livestock on a -40 degree fahrenheit morning in North Dakota.