The base is $17.20, plus tips.

If that leads to a more structured and education based meeting, then that is great - if it remains just a place to gather and bounce ideas and network, that's great too.

There’s just not enough ADU supply (IN MY AREA) for appraisers to base off of.

No real strong leads!?! 

Long term, the Austin market will do just fine with strong population and job growth.

Getting a base 8-15% return instead of 2-3% before actual “profit” puts you way ahead of the cash buyer. 

@Mike Dymskiagree - a lot of new investors are trying to pick a market based on solely on math. 

Since you're investing from a distance, I recommend interviewing multiple agents, lenders, property managers, contractors, and other professionals to build a strong and reliable team.

But from what I've observed (and I'm sure you've seen too), only a few new investors, who are more analytical in nature, do this.One of the issues that I've seen again and again is new investors putting together a "spreadsheet" based on their limited understanding, that produces inaccurate or misleading numbers.

So, for OU (open use) they have gone back and forth whether they would or would not allow based on lot size or otherwise a STR in that zoning.