However, before I embark upon this journey, I was hoping to get some feedback from the BP family on my potential first deal.

If you had lived in that home as your personal residence for 2 out of the past 5 years, then it is tax exempt (up to a certain limit), but since the home in question was a rental property only, it would be subject to LT cap gains.If you keep doing this, you keep paying the capital gains taxes, but I don't believe there is any magic thing that happens in the IRS' eyes if you keep doing this model. 

We're projecting the value of the house  to be $610,000.I will come back to this post and update it as my journey continues.

Great to know someone’s following the same journey!

I currently live in Austin but would love to make connections with other investors in both cities and hear and learn from them about their journey in real estate.

It has been an eye opening transition and I could be any happier about the amount of value I have been able to create within myself and i would love to offer this value to anyone that is willing to give me a chance on my journey.

Good luck on your journey. 

Best of luck on your journey. 

The desire to lower my expenses exceeded house hacking so I moved back in with my parents while I began my real estate investing journey.

Starting your investment journey is such an exciting time, best of luck!!!