Most owners who do it want to keep the option of having the building vacant when they eventually sell the place since vacant places sell much more easily then tenant-occupied ones if it's a rent controlled building.

Given many are returning to offices, would Austin still be a good market to invest and own?  

We use private investors and offer them 20% APR, with 10% return guaranteed, paid as a balloon. 

We called them out on it and asked for tax returns.

Given you're in Texas and don't have a state tax return, it really opens you up to work with providers nationwide. 

For syndicates with loan maturities after 2030, they even have a shot at making a positive return, and perhaps even a decent one considering what they've endured to get there.Kicking the can down the road:  Owners and syndicators hoping they can kick the can down the road by negotiating loan maturity extensions are likely to be disappointed. 

Although Norada is not unique in branching out to different product since by now they have a monster client base that can easily be marketed..

Every market in residential zoning has an expiration date, we just don't know what it is yet.The obvious solution is to buy in already regulated areas with tourist/commercial zoning.The returns are lower, but at least they can't go to zero overnight.

Include text so that states what will happen if the new lease isn't signed by landlord and husband such as the return of keys by all parties date.

$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.