Interesting angle on things ...

I take the arbitrage loss as a trade off for emotional ease and I do it with my eyes wide open.If your eyes are open then there's absolutely nothing wrong with spending $226 per month to "buy emotional ease!"  

That answer varies widely.

There's no perfect answer, because it will vary widely by location and the actual property. 16%-18% pre-tax profit (of sales price) is a pretty good rule of thumb.

Start with some reading here: http://rapwp.oaklandnet.com/ Craigslist and Facebook are used widely here for rentals.

Would love to know your take as well and if you have a better angle on this and would like to partner on it to learn through your wisdom.    

That caused a delay in the sells by companies like Country Wide. 

The house was raised using jacks and a new foundation four courses high25 courses wide was replaced all with new footing.

LLCs are widely accepted as great ways to limit personal liability.

Its a great place for cash flow and depending on your investment strategy there is a very wide range of types of investments.I have been working on the investment side of real estate for several years now and know the city very well when it comes to buy and holds.I own a few myself and have and have wholesaled and worked with a ton of buy and hold investors.You need to be careful of what you are really buy in SA though as what you are experiencing in Austin is happening here as well but mainly on in low-end properties.