or cash flowing investment property (unless you put 30%+ down payment).If you are talking Killeen or Bastrop, you are no longer talking about Austin, unless you want to be very lax on your definition of "surrounding areas".Condos are the first one affected in a downturn - I would advise against this option at this time in the market cycle.Best way to calculate?

SFH are not where someone would turn  for cash flow that is for sure......  

I couldn't locate the property to run rent comps based on the address, but if you're getting negative cash flow on paper, you may want to investigate things closer.

It's gonna go any day, and that could wipe out 6+ months of cash flow.

Fantastic cash flowing building in a prime Logan Square location.

Cash flow positive Lessons learned?

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

So over the last 8 years, I've purchased 3 single-family rental homes that all cash flow at 1% or better.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

Your goal should never be to sell it, as long as it cash flows.