You raise their rent and they either figure it out or they move on to somewhere else and they support themselves without my tax dollars?

I figure it would rent for about 800 after some paint and elbow grease. 

It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do?

So if they decide to come after you because they think you were doing something wrong, they can easily make you spend five figures in defending the claim even if you can eventually get the court to agree with you.

My time is valuable so making 10k for mentor ship or  consultant on a deal doesn't make sense  when my commission is generally six figures per deal.The main question is how much money do you have to invest?

Most of the research I've done so far when figuring out where I want to go is the numbers and locations, but I'm pretty unfamiliar with what to look for. 

We are trying to figure out the best course of action to sell a couple of our smaller units at once and exchange them into one larger building.

I definitely need to start networking and figuring on how to finance my next property.

We figure that our renovation should cost us somewhere between 50-100k. 

Just a matter of figuring out your”Why” and go out and do it.