In your experience, do you find that it's possible to cashflow or at least break even with these properties and today's prices/rates?

The 24.9% share is greater than the national average of 13.8%, according to CoworkingMag.The Austin metro had a 261% increase in teleworkers between 2014 and 2023, the report found, which is above the national average of 207%.https://www.kxan.com/news/local/austin/report-austin-leads-u...

While I’ve been handling smaller real estate transactions for about a year and a half, I knew I needed guidance to break into this space.

The good news is that there are still investable vacation rentals but historically the barrier to entry is growing each year. 

Even if a property cash flows $500 per month usually this cash flow will be eaten up (when a tenant moves out, when something breaks, etc. )And I am asking other people for their experience, if they feel the same wayOK. 

You can break it out by general RE activities and material participation.

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more. 

At a 7.5-8.00 interest rate you may be able to break even on a dscr loan.

But nothing will break and the bank won’t fail to pay. 

My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.