Inventory is now very substantially above the extreme lows seen in recent years, when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed rate mortgage is sitting around 7.1% interest, which is down a bit from last month, but still well above where we began 2024.

Sit down and figure out how much each one actually costs you and if you have any large expenses coming up (eg new roof). 

I think it is great to network and gauge interest for when a deal comes but bring them something before you take money because if you take the money first it is idle and they are getting no returns while it is sitting there unless you can pay some return out of pocket which I am sure you aren't doing because you are using OPM. 

Yet they sit on transactions for a week+.

If in your position, I woulf sit down with a GOOD loan officer and talk options that align with my goals and see how we can make it happen.

Sit down with them and ask them to educate you on the buy sell process and the market for your type of investment.  

Also as someone else mentioned I’ve gotten some great deals that have been sitting on the MLS for a while.

I just like to know when there is a pet in the place, so the cleaners do a little extra cleaning afterwards for any future guest with possible pet allergies. his response"I really don’t recall a block even being available to even list a pet, as an ABB host I’m pretty attune to those details."

Then watch the comparable properties and see if they rent quickly (priced too low) or if they sit on the market (priced too high). 

I was sitting next to him along with a group of others in real estate and were like - WTF are we doing dealing with people/tenants/borrowers and this guy is traveling the world while he breeds snakes and generates 7 figures with no debt...