Literally everything one should, or shouldn't be, do, know, act, will all be correctly guided from those 3 words. 

I was concerned that there would be substantial erosion of the yard and here we are three years later and it looks like I was correct to be concerned.

There has been a flight to the more quality areas of Austin.I agree on us having hit the bottom, time will tell but I think we'll see demand increase and rates decrease over the next few months Yeah - I was more talking about outlook for 2025+, I think the correction has likely completed (just opinion) 

@Tim Delaney is correct.

Otherwise a total waste of time and money.Likewise entities, "building my team", "setting everything up correctly" and all that other fluff that benefits only people who set it up for you. 

You are losing money every month, and you will lose significantly more when they finally move out or you try to sell.The correct answer is to stop trying to fix them.

But IF the property in question is in compliance with all code, and provides a safe and secure environment, all problems are timely addressed and corrected, and the property is maintained on a professional level, then the investor who has a large capital investment in the property should be entitled to enforce any contracts providing him with the agreed to cash flow. 

Experiential stays are the best ROI around when done correctly to account for equity and cash flow. 

-Josh    I don't think this is a real estate question....You want to know if he will lose his disability income, if I'm understanding correctly? 

This should be defined in the lease agreement as to how it's covered (by the tenant or landlord) and how they're switched over when turnover occurs.2) Not sure if I'm understanding correctly, but any fees paid to the property manager should be separate.