In this recently issued memorandum, Austin City Council requests that the City Manager modify the city’s STR regulations as needed to bring them into compliance with the ruling.Going forward, there should be essentially no substantial difference in treatment between owner-occupants and investors/non-owner occupants when it comes to Austin's STR regulations.

Its always good to do your own move in evaluation with photos or video and upload to the tenant file.

And than video, should always have a walk through video tour, a decent one, not some shaky running around spinny spinny thing.

To become an REP you have to:- spend 750hrs or more in real estate investing activities (looking at zillow, watching BP youtube videos, actual property mgt, etc)- spend more time on real estate activities than any other single area (like a w2 job)My wife is a REP while I work at a W2, this allows us to take deductions from passive investing against our active income and saves us thousands of dollars every year on taxes.

In this video Gene Trowbridge shows why this practice may come to an end.

If I can get a solid feel of the surrounding through the internet, the broker sends me a video of the interior, and trained professional send me a property condition report, what value do I bring being at the property that I can't do remotely.Now I'm not saying you shouldn't go look at your real estate or travel if you are going to buy a building.

Essentially every deal that's been closed has been with 0 support, so she's made $100,000+ from just originally signing off on my salesperson's license.

Akshay,You can just start doing video's with no pants on.That's what I do to stand out hahaYou probably won't get any baby boomer clients as those folks like to judge a book by it's cover and prefer being swindled by someone wearing a suit and tie.On the other hand, you will get a lot of corky folks that "get it" and will be happy to throw some business your way.I'm very good at being professional unprofessionally hahaAll the best mate

When we take on a new door, our fee structure is essentially a guess and a "hedge" against future claims (against our time.) 

It's essentially house hacking on steroids (since you are renting it out by the room and not just a section of the house like a basement), and there's minimal risk.