My wife and I have very different understandings of money and of debt and of risk, but we have conversations and spreadsheets and sheets of paper with math and 'business plans' and we make decisions together.

Your initial financial commitment could be higher (vs. house hacking in New York) since you'll need 20-40% of the purchase price for inspections, down payment, closing costs, repairs, reserves, travel (assuming you'll visit the property), etc.Great advice from @Jeff Roth and @Elealeh Fulmaran regarding licensure and setting goals for daily contacts and deal analyses. 

With good planning, a clear agreement, and realistic numbers, this first flip could become the blueprint for a great investing career.

Quote from @Nick Copland: I get asked almost daily: “Nick, do you think my city works for midterm rentals?

We would want to run multiple scenarios to compare your options so you can plan accordingly.I'm with a brokerage and can shop lenders for you and all the different products that would fit your current financials. 

That’s the plan. when you say "debt seperate" what do you mean?  

I run deal analysis daily for investors here.Curious what others think — buy or pass?

I'm a stay at home mom trying to make a living while they are stealing money from people like me daily! 

I am currently enrolled in real estate school and plan to take my test in January-February of 2026.

In Austin, there are a few channels that consistently produce off-market opportunities, whether you're targeting entry-level flips in 78745 or mid- to high-end areas like Jester, Westlake, or Barton Creek West.Some of the main sources I see working right now:• Driving for dollars in long-term ownership pockets• Pre-foreclosure + delinquent tax leads• Probate/inherited properties• Networking with local investors + RE agents• Builders offloading lots or heavy fixers quietly• Wholesalers who specialize in distressed or dated SFRs• Tracking aging or deferred-maintenance homesI’m in the Austin market daily and the deal flow has been all over the board lately — everything from heavy value-add homes to infill lots to luxury fixers.Curious what type of project you're aiming for — entry-level flip, mid-range, or something bigger?