The importance of lowering expenses and increasing efficiency to maximize property income.

I'd see how next 2 weeks go before lowering the price.

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

Taxes and requirements should be much lower for a LTR

However, pricing in Austin is still substantially above pre-pandemic levels.

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

Lower risk all the way around.  

This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.

Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

Would you rather maintain a higher price for 4-8 weeks and look for a premium or would you rent it quicker with a lower price?