While evaluating potential investment properties these past few weeks, I have realized that the average rent in Austin is comparatively lower and due to high interest rates and property tax, the outcome is mostly negative cash flow. 

My current market is terrible, so I’m ready to move somewhere with more potential.

Most newer investors will input the numbers to the best of their ability but fail to consider how each input has varying levels of effect on the final return numbers.Experienced investors develop a deep sense of sensitivity and may not even need a model for them to know where the greatest risk points in the project are.

However as stated there is a lot more to sub 2 than just a purchase contract you have to understand all the risks and especially the risks to the people your buying the property from.. they are the ones in my mind that really need legal representation before entering into one of these transactions and deeding away a property where the their mortgage is not retired and it stays in their name and of record.

I am looking to get connected with people in the area who could potentially take through some growing areas and areas of opportunity in the city.

At this stage, I hope to have enough experience, and the network to be able to accurately estimate total expenses, allowing me to move towards bigger projects with bigger potential gains.Any advice on ways I can move forward with my goals?

Justin,it definitely sounds too good to be true, so proceed with caution.I like to think of it this way, why would someone give you money at 3% when they can get more money in a savings account without risk? 

This diversification can help mitigate risks associated with individual property investments.3.

Would love to learn more about this and potentially find a way to help.

My family thinks that I've totally lost my mind by buying this house, but they said the same thing when I bought my current home and I think there's potential.