Very robust systems and processes To answer your question about when an urgent situation arises; you need to have a built out team of vendors that will be able to help in any "urgent scenario" You should have a backup, a backup to the backup, and then even a 3rd backup to that backup.

The building falls in the social district of the town meaning this is a small area of the town where one can walk around with an open alcohol container as this is illegal elsewhere.

It looks like a very robust solution, however are there any alternate sites used by some of the investors in this group?

The market is absolutely robust and strong; the economy is not. 

Proximity to the beach is a significant driver of rental demand and will command higher rental prices, leading owners to experience attractive returns on investment.In Texas, particularly in areas like Galveston, there is a robust market for direct beachfront vacation rentals.

Very robust and scalable.

We have built out a robust one for our business, but we primarily invest in mortgage notes.

Moreover, Austin is among the the bottom 10 markets for homes selling above list price:However, the overall Austin economy remains one of the strongest among major US metros:The broader economic engine creating demand for housing in the Austin metro is still very robust.

Hoping one of you seasoned landlords can offer some advice.my wife and I owned a pm company in San Diego that we sold prior to our move to Iowa.Initially our plan was to start another pm company here where would manage our 6 rental Props and offer 3rd party management.We have adjusted that plan and are no longer thinking about starting a new pm firm.Initially we had set everything up with PMW (website) and their sister company Rentvine for our pm software.However, since we will now just be self managing our own properties, rentvine is a little too robust and expensive.We are trying to determine what consumer grade software to use that will still allow us to:Syndicate adsPlays nice with tenant turner Offers easy tenant payment optionsOffers customizable applicationsOffers lease templates that can be e signedOffers a tenant portal for maintenance requestsIf any landlords have suggestions let us know.Appreciate any help.

After a robust annualized third quarter (GDP) growth rate of 4.9%, GDP expanded at an annualized rate of 3.3% in the fourth quarter, and the economy grew by 2.5% - exceeding 2022’s 1.9% growth rate, so I personally don't see a recession coming into play as the economy continues to show signs of strength.2023 also showed accelerating economic momentum instead of what many anticipated would be a slow growth period.