New investor in Austin

[Magda Lipinska]

Hi guys! I’m a new investor, and I’m planning to start with house hacking. I’m open to both, short or long-term, in Austin or the surrounding areas (mostly considering San Marcos).

I’m doing my research/analyzing deals, but wanted to see if anyone would be willing to share their experiences:

1. Do you find that one is more profitable than the other? (STR vs LTR)

2. Aren’t the property taxes eating all of your cash flow?! I’m not 100% sure if I’m making a mistake in my calculations, but each time, the taxes take a surprisingly huge part of the cash flow.

Any feedback/real-live experiences will be highly appreciated!