If an investor has the time, knowledge, capital and experience to be an active property investor then there are a number of strategies , that, depending on the economic market can be used to accelerate wealth building.  

Everyone focuses on the big cities, but I'm not a fan of that strategy.

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

I’m focusing on the BRRRLO strategy.

Please poke holes in this strategy.

If you approach the conversation by first finding out their goals, then you can back into a strategy that will work for the both of you.

Which strategy below would you do in the Austin market? 

Hi @Alan Asriants,I agree that the traditional BRRRR strategy is ineffective in today’s market.

👋The rental market has evolved massively in recent years, with investors exploring new strategies beyond traditional long-term rentals.

Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution.