There are 4 stages in a neighborhood, growth, stability, decline and gentrification.  

Semi-retirement just means I can dedicate more time to tasks which help my recovery, like making food at home and buying wholesale.

I'm currently living out of state due to work, but being born and raised in South Austin, I'm interested in the central TX market, particularly the longer term growth/appreciation potential of the smaller communities east of 35 corridor (Lockhart, Elgin, Taylor, Luling, etc.) as I anticipate expansion east over the next 10-20 years.  

If you are looking for solid growth and stability with low cap rates it is probably a good bet.

Go room by room in the house and spell out exactly what you want done in as much detail as possible, down to the most minor of tasks.

I ran the BP Rental Calculator with the assumptions:Vacancy: 10%Repairs & Maintenance: 10%Capital Expenditures: 10%Property Management Fee: 10%Annual Income / PV / Expenses Growth: 0%Sales Expenses: 0% Having never bought a unit, I could definitely use any insights into the assumptions for this area.

Getting someone to agree to selling a valuable asset for about half of what it's worth is a tall task. 

White Rock, Lakewood area does have the growth of jobs and close location to major focuses other than just bars and eateries.

Those that don't go bankrupt will have to put all of their hard earned money into their homes and have less disposable income which will crush the economy around here.  5) Real estate investing 101 - invest in the path of growth.  

I'm leaning toward Builium because I think it is better for long term growth but was hoping others had some input.