If they're market rate units - only pull comps from market rate properties.

Do you understand the property tax readjusts at purchase?  

Assuming title, taxes, insurance are equal across the board overall costs would typically be about $1,250 in lender charges, appraisal maybe $700-900, credit report for $100.  

We’re looking for a tax professional who understands medium-term and short-term rental properties.

Secondly, when it comes to a long-term play as such, you should focus more on the IRR (internal rate of return).

Austin’s vacancy rate is over double this.Your maintenance/cap ex is at least 2x low?

However, I am noticing prices on these homes drop over the past couple of years making it a little bit easier.I would also look at what the terms are if you put down 0%, 10 or 20%.Are the fees or interest rate different?

A little tough down here with the increase in insurance rates the past few years but it's nice that we still have a relatively LCOL.What are your goals in the next 5 years?

I have several criteria but if I had to narrow is down to my top three. it would be1 - School ratings above 82 - Safety (crime, or the lack thereof)3 - The numbers - Property prices, rent pricesIf the school ratings and numbers are not what I want, that city is immediately eliminated.

From an investor standpoint, when you factor in lower CapEx, warranties, energy efficiency, and potential rate buy-downs, new builds can actually offer better risk-adjusted returns than older resales.