With $65,000 invested in strategic renovations, we transformed the home by modernizing key areas and enhancing its curb appeal.

@Olga DaiselI think we are lacking some key details of your plan.

Here are some key highlights from the report, which compares December 2024 to December 2023:*The median sales price in the greater Austin metro rose slightly by 1.4% to $450,000.

The key is to offer something different to the other homes, and be an attentive host, to get good reviews to boost OTA (Airbnb/vrbo) rankings. 

Either way, clear communication with the guests about who’s managing the property is key to keeping reviews and satisfaction high.Permit Timing:The permit delay makes things tougher, but if you buy the furniture and keep future bookings, you might be able to use that time to update décor piece by piece without fully shutting down operations.

There are a lot of smart and innovative investors etc on this forum

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

The key is by leveraging OPM (Other People’s Money).Do you have private money lenders in your circle who might fund the deal in exchange for equity or some interest?

The key is to interview your PM and make sure whoever your direct PM will be is on-point. 

Getting the system/team in place will be key once you start to scale with STR in your market.