Plus, you can build a network of trusted local contractors for maintenance and repairs down the line.

If you focus on learning over the next year and going to local meetups, you will be very ready to buy as your finances increase.

If so then please explore with someone local and knowledgeable for time frame/costs/etc. if its just a way to buy a cheap property and you have little background, it may make you thoroughly hate RE investing. 

In this industry, people know people very quickly and reputation is everything-- when working alongside others on their financial futures/supporting local economies, truth is the hallmark of success.

@Stephanie Cortez lots of great real estate groups like DIG that will super charge your local knowledge and contactd

The way the economy has been manipulated has been brutal on people.2.

RegardsHey there, nice to see someone in my local area!

I think they are making a risky bet w this property, buying at a 5 cap rate, loan is fixed at 5.7% and 2 new properties about to open very nearby and who knows how many in construction phaseVillas at Sundance | Investment Opportunity (vikingcapllc.com)You are very lucky to live in Austin, fastest growing big city in country, and a micro-cosm of the global economy, this too gives you an educational edge

I'd really like to find an attorney/legal advisor to PAY that really knows real estate law and local courts. 

I would recommend highlighting a specific area and then getting in touch with the local REI group.