@Jessica Wygal, for Sec 8 you just list it on their website and the tenants will contact you directly.  

It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do?

Here is a link to the rental tax matrix taken directly from the AZDOR website.

I would do as much research on the home as possible in the county appraiser's web site to get an idea of how long ago it was sold for and if there was a mortgage recorded on it. 

To tell you the truth, getting comps is something that you can do for yourself quite easily, using all of the available websites, especially Redfin, since they are a broker with direct access to the MLS. 

Best commercial retail training in the country is held by Cherif Medawar - he is a real estate hedge fund manager and owns a lot of retail and mixed use He has a training and Seminar company and even offers joint venture deals Go to his website www.cherifmedawar.com or enter his name on Youtube he has tons of videos and success stories I took several of his trainings through the years and in my opinion he is by far much better than the other so called gurus!

Chris sounded convincing when showed actual step by step instructions how he did lease option deals he worked on from start to finish.

I’m in the process of buying my first home, I have two strong options one has been on the market for about a year and is a 2 family with 3 beds in each unit listed at 149,900$ also has a finished attic but needs new siding (estimate about 14-18k).The second is also a 2 family listed at 129,900$ one unit has 1 bedroom the other unit is 3bed room home needs no work except garage needs to be rebuilt or knocked down (which I would prefer to rebuild)  which in estimating to be at least 15k.

This website summarizes prety well.

Great community here and awesome website.