It looks as if they hired out to H&R Block and didn't bother to check their math. 

thats 4200 in lost rent at 100 a month it will take you 42 months to get that money back.. and if you keep waiting it just gets worse.. price your rental to be the BEST priced one on the block the first one to get occupied not the last. this is were competition for rentals can bring rents DOWN and does. do the math..

There was a road that led to it, but the neighbor that owned the land that the road crossed had piled up a huge pile of debris to block access. 

Maybe something happens on the block which pushes rental rates down, but still provides a sale option.

And how is it “advancing society” to update the worldwide block chain every time I buy a cup of coffee and a donut?

I would urge great caution when choosing neighborhoods and even blocks to invest in as things can go uphill or downhill very quickly.

Sewer Cabling/Drain Cleaning: When there's a blockage, usually paid by the owner unless the tenant caused it.

It’s emotionally draining, but I’m determined to honor his legacy by building a real estate portfolio, just like he did.On top of that, I’ve faced a lot of loss in recent years.

After reviewing the latest ordinances, reports, and city guidelines, here’s a summary of my findings as of 11/18/2024:Key FindingsPermit Types and Fees:Type 1 (Owner-Occupied): $300 for 3 years.Type 2 (Non-Owner-Occupied): $450 for 3 years.Density caps apply to Type 2 permits (12.5% of block face).Enforcement:3 violations in 3 years lead to permit revocation.Fines up to $500/day for violations.Hotel Occupancy Tax (HOT):City: 9%, County: 1.75%, State: 6%.Platforms like Airbnb and VRBO will remit directly to the city starting Feb 2025.Platform Obligations:STRs must have valid permits; unpermitted properties will be removed by platforms like Airbnb.Special Exceptions for Density Limits:Require approval by the Board of Adjustment (BOA).Zip Code BreakdownI focused on these 11 zip codes:Under San Antonio Rules:78205, 78204, 78215, 78210, 78212, 78245, 78258Independent Municipalities (Separate Rules):Alamo Heights (78209)Leon Valley (78238)Helotes (78023)Next Steps:Research density caps and zoning in specific zip codes.Dive into independent municipality rules for Alamo Heights, Leon Valley, and Helotes.Evaluate market maturity and income potential using tools like AirDNA.If anyone has experience operating STRs in San Antonio or these specific zip codes, I’d love to hear your insights, especially about density limits, enforcement trends, or community sentiment.Thanks in advance!

Another way they are making money: Offering to market our properties to their mailing list of turnkey buyers.Another $1k down the drain.