Austin house hacking

[Aaron Ingram]

Looking to gain insight on house hacking in Austin, TX. I have 6 rental properties currently (4 unit and two SFH) in another market but moving to Austin with my family and wanting a 2-4 unit, budget is what rents can support but I realize I'll be looking most likely at AirBnB model. I'll be working downtown and trying to stay relatively close if possible. I know the market is crazy but wondering if anyone is doing this successfully and had advice. Looking for at least one of the units to be over 1000 sq ft to fit my family. Thanks in advance also open to multi or investor friendly realtor recommendations

-Aaron

[Sarah Davis]

Hi Aaron, you mentioned you might do an Airbnb model. Austin has cracked down on non-owner-occupied Airbnbs in a residential zoning area. Most duplexes are zoned SF-3 (single family residential), and even tri and quadplexes are. You might want to reach out to the City to clarify, before moving forward with that strategy. Their website is a little confusing. 

Apply for a Short-Term Rental License | AustinTexas.gov

Edit: I'll add that there are also geographic caps.