Historically, real estate appreciates 3% - 4% annually.It may be possible, that an area like Austin will appreciate more.Austin, TX, from my understanding had many years of crazy appreciation and recent years of negative appreciation.There are also a lot of reports that Austin, TX has a lot of new rental supply that came and is coming into the market.What is your required return from an investment?

Turning a corner with more inventory, more sales, still higher prices reflecting strong demand.Median Price: $660,000, +7.06% Yoy.Closed Sales: 3,615, +8.92% Yoy.12 month Closed Sales: 38,005, -13.85% Yoy.YTD Closed Sales: 13,004, +9.02% Yoy.Inventory: 5,896, +26.31% Yoy.YTD Inventory: 21,298, -10.88% Yoy.New Listings: 6,146, +15.96% Yoy.YTD New Listings, 20,237, +7.49% Yoy.Months Supply: 1.8, +38.46% Yoy.Cumulative Days On Market 38, -13.74% Yoy.

It is essentially the same as a LTR lease with less time.I would say you provide starter supplies of consumables and cleaning only happens after they leave.

Until you speak to your local building inspector or are supplied the official building codes for your area you do not and will not have a answer.

I would not rely on the alimony unless the X is talked and supplies you with his expectations.I would try to treat this as a business decision that can be emotional.  

I supply enough supplies for the first 24 hours, a bar of hand soap, a roll of toilet paper, a roll of paper towels, and cleaning supplies.

Currently, you are not paying GL insurance, WC insurance, payroll, payroll taxes, or any overhead for an office, vehicle, supplies or marketing.

Your NOI even for single-family properties is flat or falling because of the high supply and continually rising expenses (especially insurance, labor, and interest rates but those seemed to have plateaued).

Not just from a supply angle.  

Maybe you’ll get lucky and they’ll sell to a new buyer that will jack the rents up to market rates and supply new agreements.