But it is also a little concerning that Austin is become so much less affordable for not just home owners but also for renters.  

-The quality of tenant you can attract with central air is higher, and you will keep them longer because nearly everyone in STL is looking for central air if they can afford it but dont have it.Dont forget the AC cage to help deter theft of the copper in the condenser. 

I know it is quite affordable though.  

This is because in the last couple of decades population has exploded, but affordable housing has not caught up.3.

We can likely afford a cheaper smf residence however it's going to start in much worse condition as well as be located in a much less desirable location. 

I recently learned that a contractor I play ball with has helped all three of his daughters buy houses at 18-19 years old, helping them to secure a good deal on a house needing work, at a price they could afford.

I told the loan manager I can afford an investment property but he said no.

If you want to be a successful real estate investor, you cannot afford to buy at market value.

I got a quote of 9k to replace brick back and both sides of the house.Video of backside of house : https://photos.google.com/phot...I can't afford 9k at this time, Thinking of replacing the brick on backside and move on. 

Overall, CA laws try to promote ADUs to help address the affordable housing shortage but local jurisdictions can make it challenging.