We've owned them for 20-plus years but the recent property tax increases have negatively impacted our cash flow as have major repairs such as roof replacements, AC units, etc.

Hi everyone, I'm new here and am starting to build another income stream by generating motivated seller leads.

After reviewing the latest ordinances, reports, and city guidelines, here’s a summary of my findings as of 11/18/2024:Key FindingsPermit Types and Fees:Type 1 (Owner-Occupied): $300 for 3 years.Type 2 (Non-Owner-Occupied): $450 for 3 years.Density caps apply to Type 2 permits (12.5% of block face).Enforcement:3 violations in 3 years lead to permit revocation.Fines up to $500/day for violations.Hotel Occupancy Tax (HOT):City: 9%, County: 1.75%, State: 6%.Platforms like Airbnb and VRBO will remit directly to the city starting Feb 2025.Platform Obligations:STRs must have valid permits; unpermitted properties will be removed by platforms like Airbnb.Special Exceptions for Density Limits:Require approval by the Board of Adjustment (BOA).Zip Code BreakdownI focused on these 11 zip codes:Under San Antonio Rules:78205, 78204, 78215, 78210, 78212, 78245, 78258Independent Municipalities (Separate Rules):Alamo Heights (78209)Leon Valley (78238)Helotes (78023)Next Steps:Research density caps and zoning in specific zip codes.Dive into independent municipality rules for Alamo Heights, Leon Valley, and Helotes.Evaluate market maturity and income potential using tools like AirDNA.If anyone has experience operating STRs in San Antonio or these specific zip codes, I’d love to hear your insights, especially about density limits, enforcement trends, or community sentiment.Thanks in advance!

Thats with my cheap subs and me paying them cash using a GC this would be a $70k rehab and negative equity. 

There are a lot of folks on that facebook page meeting for the very first time.. and well that can lead to some folks being way to trusting.

Positive and negative forces will cancel each other out to some extent. 

Chances are you may show a negative cash flow which is throwing you off.

Any advice, leads or potential partnerships would be greatly appreciated.Thank you all!

Just remember: most negative reviews are written by problematic tenants.

.* compensating for their small manhood (women carry too)* Afraid/scared* a “little man” (again, women carry too)* have a superiority complex* some other negative thingThe same things are said about people who drive big trucks.