Over the last couple of years, many DSCR lenders have embraced and adapted to financing short-term rentals, including using data-driven tools like AirDNA to qualify rents on short-term rental properties, but there is yet to be a similar tool for medium-term rentals.

You can either take it and embrace it, or reject it.

But Austin still has the small town mentality with leadership that panders to the small town mentality of embracing growth but not building the infrastructure for it.

What happens will be localized, take a look at how active a local tourism promoting group is in the community.

This, in a city where tourism is a MAJOR contributor to the economy.As for housing shortages and high costs - the solutions are simple - increase supply and get government regulation out of the free market. 

“We had a very big uptick in complaints of transient people coming through their neighborhoods not knowing who they are on a regular basis,” Dan Riccio, director of livability and tourism in Charleston, said.

Point being, everyone has to start somewhere and the same could be said for REI...who is to say one of the next big names, or future investing gurus is just starting out on the forums making "silly" comments without using the search button and getting bashed for it, as an example...that's why places like BP exist to embrace the newbies and help show them the way.

Is that the main tourism draw in the area?

Our market has a lot of tourism and with employers moving to the area (Hyundai plant and it's suppliers), we could also do mid-term rentals for people relocating or receive appreciation if we need to sell in a couple of years.   

However, tourism remains below pre-pandemic levels due to a slower recovery from international and business travel.The challenges in attracting tenants have caused rent growth to flatten.