Although this is a long term investment and not in the main stream, it has added a certain level of comfort knowing the above potential investment risks are to a degree reduced.

Added a bathroom and remodeled existing.Opened kitchen to diningNew roof, driveway, windows and mechanicalsRefreshed landscaping, hardwood floors and paintWhat was the outcome?

If you DM me your email address I'll get you added to our events email list.Regarding the options you listed, I think #1 is best.

The focus should be on eliminating vacancy and avoiding chasing unreasonable rental rates, especially in the slower winter months.Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through November:The median sales price for a single-family home in November 2024 was up roughly 8% from the beginning of the year.

Below that is a parlor floor, which has the highest ceiling in the building and this floor is connected to the ground floor via an interior staircase which we added doors to both ends to break up the lower duplex into two separate living areas.  

In this case though, it makes it very tough to keep the current property cash flowing if I pull the money out through the HELOC though (while it's not directly added to the mortgage, it all still washes out into much larger monthly payments) though, so I am very leary!

The guest contacted me via our Zillow ad prior to the showing and was apprehensive.

Maybe adding a parent a lease co-signer (and payer) might help.

Management doesn't get a percentage of cleaning fees so something seems off or else its just very different there than here in Illinois or Tennessee. btw: Is there any way to eliminate the propane?

I remember visiting a buddy’s place in Austin years back..he had a similar setup over his detached garage and was convinced that adding a window unit and some carpet would let him count that space towards the home’s total square footage.