I don't think there's a one-size-fits-all answer there. 

I lined some prospective new tenants kind of took my time, was picky, didn't find the right tenant yet, plus I had to get in there and paint/repair etc  but towards the end of the 60 days I was showing the place to some i thought was gonna fit and lo and behold the tenant calls me the day he suppose to be moved out and told me he changed his mind, going thru personal stuff and wanted to stay.

Some key pointers so that your operations go smoothly:Underwriting: Don’t shy away from the process of analyzing hundreds of deals before finding one that fits your criteria.

This is a great place to learn.Is there a reason that you are trying to make something that doesn't fit to a bad market.  

Sounds like the place is no longer fitting your needs if $500 per year is causing consternation.

That’s an awesome milestone, and you’re already thinking strategically about how to grow from here, which is key.I started just two years ago and now have four single-family homes.

I am about to invest in Austin, too.You're going to have to research the criteria of how you want to invest and what fits that mold.

Yeah, well great-fit for a person who IS keen on being a host. 

This first-of-its-kind project addresses California’s housing shortage by repurposing an underutilized site into a vibrant residential and retail space.Of the 800 units, 180 will be affordable housing, with amenities including a rooftop pool and fitness center.

If you have a lot of capital already, a solid income coming in elsewhere from real estate, and want to minimize your headaches / downtime to get a property, than I would say this strategy fits.