The average rent is $611 for a 3 BR, but the rental demand is moderate, with a vacancy of about 4.9%.

If someone came along from the county and demanded we cease, we would, though it's not likely when there's an occasional RVer or tent camper.  

(A) enough capital to satisfy the demand and (B) enough demand to put your capital to work.  

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants.

Also, connecting with local agents or property managers who know the vacation rental market there can give you insights on occupancy trends and what types of properties are in demand.

I like to check furnished finder for demand in my exact area.

If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.

The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.

I have enough demand in my area that as soon as one opens up, I'm able to fill it.

@Blaine Alger   Do you feel like now with WFH, there is more demand from people that might normally work in Austin or Dallas that want to live in Waco for better pricing and smaller city feel?