Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.

The annual insurance cost of $300 is way too low, I'd add another 0 to that.

Starting out if your house hack lowers your cost of living you are doing well.

The side business tied to debt is a Turo business!

You would be exposed to doing work without a permit, the cost of the actual permit and, worst case, having to rip it all out and have a licensed plumber/electrician do it again.I've heard most municipalities around my area no longer charge the work without a permit fine.

Is anyone familiar with the cost of getting such land buildable? 

PS - I'm looking at building one myself, so happy to let any of y'all use it (at no cost) if you would like to chat.

While I’m happy to share lots of information with folks it’s very rare that I will give out information like my primary contractor’s name or the names of any of his subs because I keep them busy full time and am not willing to lose my own time with them to someone else.

Given Austin's competitive market, ensure your savings align with down payment requirements and closing costs for multifamily properties.

@Angie YangRe-reading the IRS guidance, the agent duties could fall in as part of "real estate trades or business."