If you intend to invest there I highly suggest you jump on a plane and spend at least a long weekend there.

Most Lenders will structure it as a 5.4.3.2.1 declining prepayment penalty, however you may structure the loan without one for an additional fee. 

I am working in Germany now, but I hope to come back to the states within a year and spend every spare moment finding my niche.

We currently own 4 units in Fallon and have been looking for additional property this year.

I would try connecting with some local MTR operators / managers in Austin to get additional perspective before you move forward. 

I also learned that spending the money to do something permanent rather than finding short-term solutions is going to payback better in the long run.

Additionally, it does not address your immediate need for an accessible living space.Return and Live in the House: Living in your property eliminates the rent you're currently paying, and you'd still benefit from rental income from the other unit.

Others suggest an attorney - sure spend $70000 and waste time in court, that avenue is going to take thirteen months.

We typically do not rely on many of our opportunities coming from wholesalers, but that's not to say we're not occasionally interested in something they have to offer.In addition to scouring our farm area while we drive around to and from our properties, and looking at aged(100 day+) listings and new low priced distressed condition listings on the MLS, which is where many of our deals come from, we reach out to local agents in the area we're looking to invest and let them know we pay cash.

When there are property damage issues, California landlord tenant laws allow the tenant to recover attorney's fees in addition to other damages.