I plan on purchasing mf in the downtowns of the cities surrounding Houston, mainly those with a more “Americana” type of feel( white picket fences, 4th of July block parties, neighbors worship together, founding families are still around and they let you know it, high walkability score, families are out on the street with neighbors, doors are unlocked.....)It is tough to comp certain property because they might be the only type (or one of the only two) AND some of these towns do not allow any more MF to go up, so the MF owners set the market.

This is for a variety of reasons, but mainly because I have dreamed of living in North Lake Tahoe. 

I was confused why the convention was focused mainly on investing in the US.

@Rai Baez if your husband is going from a W2 job to another W2 job that is just fine for income purposes. 

There are 2 main ways to cover thees costs: 1.

I have been leaning towards paying off the student debt, primarily for tax purposes. 

To the extent points are being captured in the Cap Rate you're actually skewing the cap rate with your leverage, which kind of defeats the purpose of that metric.Since the goal of Cap Rate is to provide a quick and dirty view of the risk/reward of a property.

Like others said I think the main thing is that you are inquisitive now, shows you will likely make it somewhere, good luck!

Main problem here is that I don't have money for the down payment.I would really love any advice people might have for me.

You need at least ten for resale purposes especially if tenant wants a lot of TI.No legal advice given.