I dont think the terms allow me to post a link but here are some basics.Has been occupied avg of 17 days per month since Sept.managed by a top tier company and has 4.8 star avg reviews.Also would be a good family home (large private lot, fenced yard, hot tub).It has the benefit of being near Austin downtown, but NOT in Austin city limits (9 miles to city center), so lower taxes and no STR rules (default to Travis County rules).I have read the forum posts for similar situations, however every market is different. 

The economy was not doing so hot but has definitely warmed up since the Marcellus shale gas drilling boom started. 

If a new investor comes in with a 300k purchase and a 200k rehab in a high end market where it will take 3 months to sell, a lender will not be so hot to lend a newbie in that situation.

. - In competitive markets for hot properties, how the buyer's broker is compensated will have a major impact on the option the seller chooses.

From what I'm seeing proposed in any of my areas, I'm dropping all my agents like it's hot except my two that get quality off-market properties.

Are their guys working their tails off doing exterior paint for you on a hot day? 

I own units in Desert hot springs and have some experience with dumpy downs.

The market was still pretty hot, I went under contract on this right at the beginning of the rate hikes and at the time many houses were still selling for over asking with shortened contingencies.

The Niceville market is HOT for retail houses and inventory to rehab is low.

Most CPAs/tax professionals do not have the time to study this calculation intense niche of real estate regulations.