You have to run the numbers in advance and make sure it will still cash flow with the higher loan.That's essential for BRRRR otherwise it's better suited as a flip in order to capture that equity gain.

The last weeks have been extremely competitive, multiple offers on every deal I have been involved in.We may see some distressed sellers at luxury price points; they do not receive as much stimulus money and some are overleveraged.

Years after the 4th bedroom was built, it was combined with the master bedroom via a 6ft wall opening between the two rooms to make a large master suite.  

At the most if we push it to the very high end with top of the line finishes in luxury we push to 250k. 

Hey everyone looks like we are thinking a new route, new comps in the neighborhood may justify a different route, thoughts, instead on rehabbing the existing floorplan of a 2/1 and 1,100 sqft home, we are thinking of adding on a 250 sqft master suite to the back of the home, make it a 3/2 and 1,350 sqft.

They are very suited to helping new investors and most will cross check your deal analysis to make sure you really are buying a good deal.

SFR's do very well in North Austin and luxury properties in West Austin (Bee cave, Steiner) are great investments right now.

Would that be more suited for narrowing down my criteria?

You can do anything you want if you don't mind defending your actions if suit is brought against you.

Having an extra bathroom is always nice and that plan would create a main bedroom suite where bedroom 3 is.