In this recently issued memorandum, Austin City Council requests that the City Manager modify the city’s STR regulations as needed to bring them into compliance with the ruling.Going forward, there should be essentially no substantial difference in treatment between owner-occupants and investors/non-owner occupants when it comes to Austin's STR regulations.

Does anyone have any suggestions for banking and/or accounting solutions specific for STR management companies?

If so, you would need private/hard money so you can do renovations, and then AFTER you would do more of a permanent solution like a DSCR. 

We're still constrained by energy, until there's a (reliable) solution for that we won't see this world change in front of our eyes like some think.

Hey Neel,I am working with My Boss FInancial Solutions.

In the future, supposedly AI will revolutionize the industry and streamline the mortgage process for borrowers, but there is no substitute for reputable creative financing solutions and human reassurance when the closing date is tomorrow.

Hi Renee, not sure if you were able to find any working capital for your project however, you can try My Boss Financial Solutions.

I would push hard on HOA on what they are doing to treat it When one of my condos had a mouse problem they also went into every unit to treat and charged each homeowner which we were fine with because they also could see if there was a specific homeowner who was the cause and then after treatment go back after them for future incidents

If you think not having the headache of vetting a new market and finding new property management makes more sense than the possibility of appreciation in a different market then you have your answer and the simple solution works best for you.

Naturally, there's no universal solution, but I'm more than willing to share with you.