Pete initially and once I feel comfortable with the process, I can start to branch out to outside the area and even the state.

Through the years, he did some renovations and contractors checking into it says there's no record on file as to the designation.

As mentioned above it depends on the metro but I would make sure I was comfortable with the LTR rate before pulling the trigger on an STR. 

Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.  

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

If you're just starting out, I recommend getting comfortable speaking with sellers over the phone.

These areas offer a good balance between proximity to downtown and a more suburban feel, often with newer properties and stronger rental markets.At Neu Real Estate Group, we specialize in new build duplexes designed specifically for investors like you.

And of course make sure the property is comfortable and clean.As for cleaning & maintenance, I found few companies who can take care of that.

It's not a risk I am comfortable with but some people are. 

We in the BP community can help you figure out the financial choices if you choose to share your numbers but at the end of the day there's also an emotional cost to be considered with either choice and you have to decide that for yourself.You're welcome to respond here or message if you have any questions, I'm happy to help you take a look at numbers if you feel comfortable to help you break down your options of keeping vs selling so that you can make an informed decision