Or, one of you faces divorce, is disabled, or get sued for something unrelated.

I'm soaking up a lot of information through books but I'm also starting to venture out of my comfort zone by joining a REIA near Baltimore and face-to-face networking with other investors.

First of all,  your expenses are going to be perhaps 30% more and it can suck your really suck your time on a long-term basis unless you're willing to spend a lot of money to have others manage it and you are facing a lot of regulatory  and rapidly growing competition  that can drive down your future earnings.

not suggesting newbies run face first into a wall at this point!

For the business to continue we need a current market appraisal and 75 - 80% ltv.I personally have 4 properties that would face this problem1.  

Plus if you or your contractor dont have the proper licensing you can face up to a $10,000 fine with jail time. 

Likely an attempt to remove while you have no power to do so will blow up in your face as likely the tenant will stop paying rent. 

Austin has a trajectory upwards that is independent of some of the challenges we face today. 

I am trying to find comparable properties for a San Antonio 4 bedroom and 4 bathroom multi-family duplex and struggling to find comparables in the market.

My process is to:
1. Go on Zillow
2. Select Recently Sold...

(New roof and cosmetic inside) The question or problem I’m facing is during negotiations I did not analyze the cost of rehab correct, the ARV I assumed will be significant smaller than I projected.