Some areas of the northern section of 35207 are alright.Any other areas within the city limits are ripe for the pickin. 

We have some tenants now that go most of their lease needing little or no management, and in those cases paying a property manager feels like a waste of money.My wife and I have had a lot of moments where we were at a total loss what to do (and sometimes still do), but the next thing we know we found a solution, the problem is in the past and there are rainbows again (for a little while anyway).

I bought a lot of foreclosed property after the collapse and my guess is that in every one of them the investors in the previous syndication had a 100% loss.

This will avoid needing to foreign qualify your out-of-state entity in the State you are buying the property in.However I am wondering, if I am forming an LLC, with the sole purpose of buying tax liens (I am a foreign national btw), and I don't wish to limit my tax liens acquisition in just 1 State, but instead buy tax liens all over the US..Do i need to foreign qualify my LLC in EVERY State I buy these liens in?

You will be able to see income per property,  less expenses per property,  by running a Profit and Loss Report by class.It just doesn't get any better than that.Nancy Neville

Yes the DST's can have some limits that might be prohibitive. 

Within the city of Austin and other local markets with limited inventory, homes are spending a fraction of time on the market—as little as two weeks in some areas.

from my point of view if your an individual and not partnering with folks who ever is going to sue you is going to name you personally.. this is where you need good insurance to take up your defense as your first line of defense.whether they have the right to sue you is immaterial.. or whether they will prevail is immaterial.. if your operating as a group or partnership and have clean records this can limit your exposure to your ownership.other than that  retirement accounts should be maxed out they basically cant be touched... certain trusts.but just LLC labyrinths like you mention.. those are not going to do it for most or.. you will spend a ton of dough fighting to make the position they can't sue you. when suits happen everyone is named .. that's when you need good insurance to handle your defense.

I am happy with a 400-500 month CFlow at the loss of cap growth if I can BRRR my way into the CFlow

The bad is that often times you will find less care is being taken with your property, the Section 8 has inspections, which at times can be obnoxious and often times you are renting to tenants with no job or limited employment, so they are home all the time, causing more wear on your house.