I am in the process of moving to Austin from Dallas but wanted to convert my existing primary into a LTR rental while managing the property remotely from Austin.

When you sell a property "subject to" the existing mortgage, technically, this clause could be triggered because ownership is transferring to a new entity or individual.

To provide some background here, my wife and i recently purchased a triplex that has an existing 500 sq.ft attached storage unit (conditioned space) and a detached 5-car garage.

They exist, but be mindful of your cash flow.

Looking for other ideas, and structures that would help achieve a successful partnership.Thanks DougThat's actually a lot going on.What I think you are proposing is to have your in-laws sell their existing house, buy a new smaller house with their money, sell the house to you as the landlord and they rent from you.

.- New supply is expected to moderate, with inventory growth slowing from 5.4% in 2024 to just 0.5% in 2025.While the market faces near-term headwinds from slow economic and population growth, the moderation in new supply and gradual absorption of existing inventory should support improved market fundamentals over the next 2-3 years.

This policy will provide additional coverage above what your existing policy covers.

Exterior:Applied fresh paint.Replaced siding due to wood rot.Interior:Installed new ceramic tile flooring.Added new kitchen cabinets and granite countertops.Updated the bathroom with a new vanity featuring granite counters.Refinished the existing tub and tile surround.

Buying existing rentals and improving it is another story.

The benefits to the seller are non-existent.