Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

Do any of these STR insurance policies cover against fire, water, wind or hail damage.

Try to anticipate other potential avoidable situations with a follow up inspection to assess the Locksmith’s work and ask your tenant(s) if you can also use the time to assess for other issues such as unchanged HVAC filters, leaky pipes, working shutoff valves, working smoke detector batteries, properly working downspouts, clogged dryer vents, evidence of water damage from leaking roof, etc,etc,etc.

The only thing that sounds out of the ordinary here is the water bill

All water, sewer, and electrical infrastructure is being replaced.

As listing inventory built up in the spring, prices softened a bit as we hit the summer months with an uptick toward the end of the year.For broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:Compared to the recent price peak in May 2022, the median single-family home price in Austin is down approximately 17%.

If not, many will withdraw their listings by spring, content to hold for another vacation season ($$$). 

Purchase price: $465,000 Cash invested: $80,000 Checkout my Airbnb here: airbnb.com/h/madeirabeachoasisSalt Water Pool & Hot Tub: $60,000Tiki bar with electrical hookup: $3500

Your PM replaced the water heater because it was leaking.

Metron and Southern Water Management are two that we've been talking to.