STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

Its really important for people entering into any home improvement contract to understand the state laws for so many reasons, business and professions codes/laws, warranties whether expressed or implied etcThe point being is well executed legal contracts are best for all parties involved.

This approach helps mitigate risk, especially in a fluctuating market, by allowing you to weather potential downturns.Your strategy of going long on USD and short on AUD is intriguing, and it's smart to consider how the currency exchange dynamics will affect your investments.Regarding the Austin market, there has been notable activity in the lower end and affordable housing segments, with many buyers entering the market as they look for opportunities.

I’ve always had a passion for real estate and dream of owning properties someday, and I plan to invest more time in this field after I graduate.I’m particularly interested in starting off with wholesaling as a way to enter the real estate market with minimal capital.

Difference though is there simply is not the million sub prime loans out there like there was then.

I thought it was simply the difference on percentage of appraised value (4% vs 6%).

You can simply offer a higher sale price to do that. 3.

If it matters to any degree to retain this tenant, if listing for new tenant is a pain, I'd simply call this guy up, I'd be upfront and ask him about all this.

There are many mentorship programs available ofc and Open Spaces was simply a great match for me. 

Lack of capital is my largest blocker to entering the real estate market right now, so less than 20% is appealing.