Like a smart investor, I religiously plan for a portion of my gross rent to go toward replacing that roof in 20-30 years.

However during fiesta, the Valero Alamo Bowl, Mala Luna (a big music festival), Monster Jam, and WrestleMania people charge north of 100 a night easy!

I go to the LA REIA pretty religiously.

I have a few ideas to apply to this and they are as follows: Tent camping and or hunting and possibly fishing, events like small festivals and concerts, photography shoots and  boat and or camper storage. . 

I've AirBnB'ed it myself before, when I was between tenants and a big festivals were coming up. 

., close to business centers, downtown, and the balloon festival] :)

It is not an option to move in with me in Covington because of parental religious beliefs...Going to step up my game and analyze and view as many multis as I can over the next few weeks.

I'm also starting my pre approval process, there will be two borrowers my partner and I, both have solid W2.Our goal is to build a strong portfolio in the next 2 years of small MFH in Indy to ultimately replace our W2 and have more options, I don't see myself quitting a full time job but it's the sense of freedom and having the opportunity to spend time with family and love ones as I will be a married man in a few months :) I also listen to BP webinars religiously, and connect to fellow investors.

Austin Texas is a great place for short term rentals because our festivals, conferences and conventions draw so many people. 

This topic can spark a religious war here on BP).Beginning to transfer ownership of these properties to the children now via joint ownership in LLCs between the parents and children can spark Gift Tax situations.