http://www.austinrenc.com/about-renc/ which itself has several special interest groups, including noteworthy Real Estate Launchpad There is also http://reicaustin.orgAlso check these out:Bigger Pockets meetings that occur every second Wednesday of the month at 10 am at Mercury Mambo, run by James Sinclair and Mike Walker Bigger Pockets MeetingsHarold McGhee and Esmeralda Lira head an Investor Mastermind meetings every Thursday at 11:30 am at Big Daddy's on Research and Burnet Real Estate Investor MastermindsYou will no doubt find numerous other groups once you start networking.Again, welcome to Austin.

I am curious, how many properties do you currently own by using this method? 

We have numerous applicants, none of which are knights in shinning armor.

You mentioned numerous times that you like the property and since you plan on living it one of the units you have a lot more emotional involvement in this than you should.Figure out what kind of offer will make the numbers work for you. 

The lack of knowledge screams in that question, what kind of property is it, how are you structuring the deal, are you aware of state requirements, disclosures required, is you method legal under licensing laws?

Since I can't offer any insight into the pros and cons of investing in those kinds of "2% rule" areas besides what's already been covered in numerous other threads, I won't try.

I HATE putting up bandit signs though... you get a lot of tire kickers.Every method you've read about or heard about actually works.

I have notices in the past 10 telephone calls to seller that many are hesitant to enter transactions with someone as inexperienced as I. I would like to form a business structure to operate within but not sure which i...

Hi, I'm trying to see if there is a method or tip for finding burned out land lords?  

There are numerous home in the area that are section 8 rental properties.