Yes, there are limited neighborhoods where it is walkable but I would not be selling that aspect.  

We see a lot of investors take negative cash flow in the beginning but the value in the properties is the remarkable appreciation we see in Austin and the tax benefits landlords enjoy.

From a tax efficiency aspect, a lien on investment real estate equity is by far superior to 401(k) or an IRA.Paul

Additionally, if there's a particular aspect of real estate you're eager to explore or learn more about, let me know, and I'll do my best to provide valuable insights.

I highly recommend managing them yourself, at least the bill paying, tenant screening, rent collecting aspects, and finding reliable plumbers and heating/cooling people- these are the services you'll use the most. 

The accounting aspect is a an additional thought I hadn't heard before.I know some people have used this strategy in an attempt to avoid triggering a re-evaluation of property taxes.  

I am into all oportunities of this aspect.

That is a huge amount of time to research all the aspects that you presented. 

Tools that automate these aspects can help ensure your property remains competitive and that guests receive timely and personalized responses.2.

Are there any specific considerations or legal aspects I should be aware of when making this transition?