Our goal is to design/build a house that can legitimately be a big SFR or a Padsplit property.

Once you get through move in, the day to day management is pretty hands off and easy (famous last words, but so far, so good).Other than that, get a second opinion/eye from someone you trust - preferably a professional designer - on the furnishings and design.

The big distinguishing factor between Rockwall proper and Royse City is school district.

I have been asked this question several times this week and after speaking to property managers, developers, investors, tourists, and realtors in the area, I have found several factors that combined have lowered the occupancy, especially during summer. 1.

This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

To answer the question about your DTI, if you are going to be utilizing a DSCR loan for any new investment properties, your income/DTI is not going to be factored in. 

That will play a factor for qualifying.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

And in REI, correction happens when inventory increases among other factors.

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.