You can buy a house in the same neighborhood with the filthy rich movie stars and still be the victim of a home invasion robbery.

and that might work to your benefit.One thing to check though - and since super star @Natalie Kolodij is in on this thread - Hey Natalie, if you take a lot that you've owned for over a year. 

. #3 Is actually doing your homework to ensure your contractor is properly skilled, certified, etc; you are protected by a bond or insurance and you have checked the contractor's references to know he/she is a 4+ star contractor.Only you can decide how much risk you are willing to take to get what might be a below market rate.

As David Greene always says, "Rockstars know Rockstars".Best of luck, reach out any time with any questions as you work through your analysis!

That Extreme Duty gun gets five stars from me.

Hello; Looking for inputs and recommendations on investing in a rental property (3/4 Bd Rm Single Family House) in the northern suburbs of Austin: Leander / Round Rock / Pfluggerville. 

Yup I have heard of IRA lending and I have a stock account that has a margin set up, unfortunately that account has taken some hits recently so ill need to build that margin back up again, but That concept is really smart, when that account was rocking I had a huge margin available to me and that would have been a smart move.

You will need to get a local, rockstar Realtor, contractor, lender, and property manager. https://www.biggerpockets.com/blog/core-four-real-estate-team As for picking a specific market, I would choose one that has job and population growth with a high median income, and Columbus, Ohio is a great choice.

You will need to get a local, rockstar Realtor, contractor, lender, and property manager.https://www.biggerpockets.com/blog/core-four-real-estate-teamI invest locally in Columbus, Ohio

I'm located in the Conway/ Little Rock AR area.