In 2010, Austin Texas was the second fastest growing large city in the country. It has been largely unaffected by the housing woes we’ve seen in other states. Pricing have remained stable in the mid-range market, however, foreclosure opportunities do exist in the lower end. In addition, its high level of job growth is creating a housing shortage which is driving rental rates up. High rental rates combined with low interest rates and bargain prices on entry level homes creates a fantastic investor opportunity. Providing double digit cash on cash returns and annual returns of 20%+ with financing.