Hey welcome I am new as well based out of Austin Texas

Another option is to estimate value based on potential income and market cap rates, which can give you an investor’s perspective.

I'm based in DFW area but also have connections/interest in Notheast Texas.

Another option is setting a utility charge per unit based on square footage or occupancy.

I have a short term rental that I self manage and am considered a real estate professional based on material participation rules.  

The experience varies based on location, tenant management, and financing, but overall, it’s an excellent way to get started with minimal upfront costs.Good luck!

Other areas constantly threaten to curtail the ability to use homes for str whereas sevier county is based on the rental of cabins and they have zoning that can never be rescinded to guarantee it. 

Very difficult area to be a landlord.Tenant base is lifer tenants. very tough on the housestheft is rampant you leave a home vacant for more than a few days and you HVAC AC unit will take a walkKids break in and trash them.YAZOO Clay screws up the foundations big time.And lastly with those homes they were built so cheap in many instances they are just functionally obsolete and take way more maintenance than other areas of the country.

Also, attending local meetups and conferences can help you connect with the right people.If you need help finding the best tools or want recommendations based on your goals, DM me and I’ll point you in the right direction!

I'm a CT based investor, flipper, and property management company owner.