You will not watch the money and payouts and bookings and end up losing more hiring a big firm to do what should only be done by local hosts.

If you do rent by the room watch out for local unrelated person ordinances.

Simplified example: if all assessments would exactly double, individual property taxes would stay exactly the same.Milwaukee is currently the 2nd most competitive market for renters in the US, you can watch a video on current Milwaukee rent increases here. 

You said you live in Austin, no better way to learn than directly so, there is a syndication group Viking Capital LLC, that is buying/raising for a 252 unit property in NewBraunfels, about 45 min south of Austin, watch their webinar at their website below and they have an 82 pg slide show as well, then take a 3 hour trip to go see it, walk the property, go into office ask about the units available/leasing how the market is from the office staff, look around for quality of property/deferred maintenace needed then drive the area for other competitor properties.

I'll try to watch for a reply.

Yes, I got the same message and also watched the video.

I watch the 10-Year Treasury constantly as that will track in lock-step with mortgage rates, but you can always download "Mortgage News Daily" from your Ap Store.

I have purchased his book bundle from Bigger pockets, watched all of his podcasts on here, and I am so amazed!

I go to the Courthouse a couple of times a quarter to watch the sales and have occasionally wandered over to the tax sale.

If the tenant does show and there is an actual trial set, go to the court ahead of time and watch the process.