I think getting really good at one thing, establishing a network within that niche, and being able to analyze deals quickly is the key making things work.

Be sure to include instructions for turning in keys, notifying you that she's out, etc.

That is totally above board and good to go -  Best of luck!

What exactly would make a city board approve non-affordable (i.e. not Section 8)  apartments?

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

The November 2024 report from the Austin Board of REALTORS® shows stable housing prices in the Austin metro as we approach end of year.

You can also try putting it in local places that rent like condo's or apartments attached to the board in the laundry room or better yet in an actual outside laundromat.

Metrics and local zoning rules and regulation awareness is the key.  

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...

Also, maybe look into local community groups on Facebook or Section 8 housing boards—they might have tenants actively searching.