Does anyone in the area have any info or war stories they can share?  

I know Jon said that there are numerous deductions and allowances but can you name some examples please?

-Save, pay off debt, clean up credit and get a war chest so you are able to move forward once you’ve saved up.  

This is rarely the case - it could be a bad deal for numerous reasons from bad sponsor, to bad management to bad economic conditions.

https://www.biggerpockets.com/blog/the-silent-war-on-tenant-...The Silent War on Landlords That No One Is Talking AboutIt’s no secret that legislation regarding tenant screening is becoming more and more restrictive.

I want you to tell me where the old lead smelters were, which parts of town are on the uptick and which ones are war zones.I will depend on you to tell me where the best school district borders are and how to tap into all your trusted resources and advisors. 

Cash reserves have saved me on numerous occasions. 100% of properties break down eventually.

Austin (where I live) has not been attractive for some time now, as the inventory is still overpriced and sellers are slow to adjust pricing - which I understand.Houston on the other hand has numerous areas that are still a value from an investment perspective.

Elon Musk as said numerous, numerous times he actually expected Tesla and Space X to fail.

Here are 11 ways to invest in real estate with no money:Hard Money LendersPrivate Money LendersWholesalingEquity PartnershipsHome EquityOption To BuySeller FinancingHouse HackingGovernment LoansMicroloansREITsIt’s important to note that while investing in real estate with no money down offers numerous benefits, not all cashless deals are worthwhile.