However, I ran into a serious issue once where title insurance saved the day and I have newfound appreciation for it.

I ran the numbers and the property ARV is roughly 150 k and it should rent for 1400-1500.

I ran into a judge who delayed the eviction and only convenes once every 2 weeks.  

New cultured vanity marble counter tops in both full baths.

I ran comps on a house with 2.5 bathrooms.

Austin’s status as a technology hub along with its high concentration of venture capital, warm climate and vibrant cultural offerings lead to frequent comparisons with the Bay Area – and in fact, high-profile Silicon Valley companies, including Amazon, Google, Oracle and Tesla, have recently expanded their operations in Austin," the report reads in part.Articles below detail the economic growth of major metroplexes in the US and Austin comes in at number 2 on the list.  

I had one house paid off and I ran the numbers on a spreadsheet to see if I should keep it with no mortgage, keep it and do a cash out refi, or sell it and use the proceeds for down payments on multiple properties.Selling and buying several properties with financing would have been the most profitable, but it would have also required more effort up front (selling then buying/leasing several properties).Continuing to own the property with no mortgage would have allowed me to get great cash flow, but the return on investment was low.

The reality I ran into was that a rural homestead, assuming you're not living like the Amish, depends on tools and equipment, and equipment breaks down, and you can't grow equipment parts in the garden. 

I figured at first I would rent it out, but once I ran the numbers I wasn't so sure.The house has appreciated a lot (it's worth about 325K and I owe less than 60 on it) but my research suggests it would only rent for about 1800 a month.While it would cashflow fine since I owe so little on it and my mortgage is low, it doesn't seem like a good return on equity. 

What you say about family size is true, but it varies greatly within different cultural/ethnic groups.