Someone called me today (probably his wife) and said Preston has been trying so hard to clean up his image and was upset by this post.

Now what you should do is contact the title company and confirm if title was going to be clean and marketable.

STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.

Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.

Warm-up: FAQs that are often answered wrongQ1: I pay less than $600 for my AirBnB cleaning.

Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.

What I'm planning: buy and hold the property, brush and clean it up with intent to hold until cost of funds drops a little in 4-6 months.

I am assuming in this that normal cleaning was done pre-occupancy and they are excessive in their expectations.

I did a check on a guy 10 years ago came up clean as a whistle on my landlord association screening service.

Then when the tenants moves out, you can assess if there's any damages or cleaning.