A property which made 40.5k in NOI is now making 81k and got improvements worth of 210k.

It may be worth a further conversation just to connect and fully understand your goals! 

So while I can't speak for Nighthawk's track record or returns, if their multifamily syndication operation reflects the quality of his other offerings then it would be at least worth looking into.  

Saving three to six months' worth of living costs can give financial stability in the event of an unexpected expense or emergency.If you have high-interest debt (such as credit card debt), prioritize paying it off as soon as feasible.

@Bart Van Leijsen I remember when I underwrote my first deals years ago it was overwhelming...

Also worth noting that if you plan to close in an LLC, DSCRs will allow you to do that.

I bought the house for 230 in 2007 and its worth 600 now.

While I’m aware this isn’t quite “untapped” territory it could rise like a rocket ship over the next 10 years looking at the trends that Austin/San Antonio could turn into a major Metroplex to the likes of Dallas/Ft Worth.

There will be risks in anything worth while, so continue to mitigate your risk by finding a simple property you can force appreciation (cosmetics).

@Rod Oliver Gosh I can’t remember if I’ve ever eaten there or not.