Is it even a good time to buy right now or should I be waiting until interest rates go down?

Is he talking about cost based on what the total cost of the property would be over time, or just what the total cost of the property would be to the REI over time? 

I am very passionate about time and financial freedom so that I can be the husband and father that my wife and children deserve.I will admit, the idea of actually starting is pretty frightening, but the thought of never starting due to the fear of failure is even worse.

I think in Austin, you could find solid young professionals, but a lot of owners of room hacks/house hacks find it difficult to separate owner to tenant and co-tenant relationships.

But while evictions have many similarities throughout the country, scrupulously following local law and procedure is the key to getting through the process with as little pain as possible.You will probably want to also find and consult a local real estate attorney who does evictions on the process, especially this first time, especially if you suspect you're going to be doing this multiple times in the future.I can't answer your first specific question better than that.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

We have a one year old daughter who keeps us busy and we love playing sports and spending time outdoors with our free time. 

To be clear, it is totally ok to APPLY for more than one (shopping rates/lenders/brokers) however having multiple loans going at once (if you were doing a loan for your primary and one for a rental at the same time) requires disclosing on the application that you are getting another loan while your current loan is processing.  

I did some further research on the city's website and called them and Anaheim is not issuing any new STR permits at this time.

Its a big community and has a good reputation.I would have to say that simply to 'up the decor' may not be enough.