What began as a very soft Spring STR shopping season crescendoed with Memorial Day weekend resulting in prime active listings going pending within just a few days and several with multiple offers. 

And yet…this crazy business has brought our family closer, we have a trusted group of employees who are proud to work for us (and we pay them benefits) and we keep on reminding ourselves that our guests are making lifelong memories when they stay in our homes.

So, whenever hiring tradespeople its good to have someone who knows enough to evaluate the technical issues and craft a scope of work that suits you not just what the tradesperson might recommend.

And if you happen to know a lawyer that’s adept at crafting these types of structures and agreements?

I would not look at the previous 15 years and think the market will continue with double digit appreciation or you may be setting yourself up for a big disappointment. and agree, good thread...   36 years of age and lived a life that some wouldn't in 3 lifetimes lolTravelled the world and experienced many cultures.Experienced some amazing things and moments/memories that I will cherish for as long as I live.Each to their own but monthly cashflow was able to provide this for me.Be it from rentals, flipping or our PM business.Yes, worked hard for it but IMO nothing can beat "hard work".Building equity and waiting for appreciation is all good and great for those that want to wave their D@#% and say "look how big mine is".Then passing it on to an entitled/spoilt $#%@ of a child hehe that will take it for granted and most likely loose it.Personally, I'd rather enjoy life as much as I can and live for moment.Teach my kids how to fish and not just give them the fish.Cashflow provides opportunities for those "moments/memories" TODAY and not in 10 years.Isn't real estate investing suppose to make our life more enjoyable and better in the present moment?

Use them to refresh one's memory.

Hi Alejandro - I would say Spring Branch, The Heights, Energy Corridor, and Memorial City area do have some good investment properties and are definitely showing substantial appreciation in the future with the all the growth happening!

Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.

All I want is an opportunity to master my craft and continue doing what I love, working on houses, in exchange for exceptionally fair prices.

Most of the liens for these properties were going for $80k+ going off of memory.