If the job market here stays strong over the next two to three years Austin/suburbs should finally see some decent appreciation.Some of the neighborhoods I "fish" in have seen quite a few sales to Californians so while 1/3 may be strong there is definitely some evidence that the speculators have arrived.

For example, I have one tenant in a 2 bedroom apt who pays just $90 while Section 8 makes up the rest of the $925, and another tenant in another 2 bedroom who pays more at $175, evidently because he makes more money.With regard to screening, Section 8 does not allow anyone here in California to receive housing assistance if they have any kind of a criminal background.

I don't want to defend myself in a lawsuit because a newbie agent saw some quick, easy profit and "cut a corner" he shouldn't have.Just my opinion.all cash

We're glad you joined us and look forward to hearing your success story soon.It's not easy and every step requires wisdom, humility, and some dang good ideas. 2-3 could be nothing with the right properties and the right strategies.

He's easy to talk to and will gladly answer any questions you may have.

If you have the funds available then it is pretty easy to just purchase the REO and then resell it to another buyer via a new HUD-1.

The first few deals can be so crucial to your success as an investor and I'm glad you're planning this out so well.To your question: I would say this isn't going to be an easy thing to decide until you get to the point where you are looking at duplexes and know how much it's going to cost you to get into one and also how well it will cash flow.

It's a matter of finding a sponsoring broker willing to allow you to work your own schedule....which should be easy.

I own a rental in a historic district and they are fairly easy to get along with.

It is easy to take photos that make a place look bigger, or nicer, than it truly is.