Texas Cash Flowing Areas with 20% Down

[Sean Lee]

I’ve been looking through the Austin area in Texas with a target price of ~$250-280K with 20% down.

With the general rental prices, I’m finding that it will be difficult to cash flow immediately. With cash flow being a priority have you seen the ability to immediately cash flow in other areas of Texas with this target property price?

[Jacob Pereira]

@Ujwal Velagapudi, to be clear, I'm talking about a rent by the room situation, not a short term rental. I actually own an STR in the city of Austin, and the regulations involved are quite onerous.

As far as the rent by the room model goes, it essentially follows the same rules as roommate rules, which are much less strict. Usually in that situation you'll have to worry more about neighbor complaints than any kind of occupancy or zoning issues.