The majority of my income comes from my rental portfolio.

It's a range and depends on the property type, location, end condition and rental strategy. 

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

I want to know how is rental market in Austin area and my main concern is Property value went up recently and how it's coming along on rent and is there any opportunity for cash flow in austin marketThanks

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $375,000

Cash invested: $60,000

Sale price: $525,000

This home was build in the 1980's. Had older heat system t...

And for rental houses. this is not common and absolutely  crazy to do a deposit over maybe 5k or 10k..

My primary is a 2-family also and I use turbo tax for that and my other rentals. 

Last short term rental we put on the market was booked for a 30 day stay first day on the market.

I'm a long time lurker finally getting ready to start making a move and getting that first rental property.

Anyone can tell you they think there are deals out there, but ask them to show you which ones, and then evaluate it for appreciation as well as rental strength.