What if the person staying at your place signed a contract but their 1st payment check bounced.

Therefore, I don't have definite plans for how long I'll stay in Oregon, and consider the possibility of someday returning to the Austin area.

My 4 personal STR's are all in San Antonio did over $575k in 2024 and on track for $650k in 2025.I think you are generally looking in the right areas, but there are a few things to keep in mind:1) Stay inside of 1604. 

It was a good learning experience, but it made me realize that staying away from major rehabs (for now) might be the best move until I have a more reliable system in place.That said, having family in the area like your sister and brother-in-law is a huge advantage!

Just know that if you are moving somewhere to chase the hot market, it will only stay hot for so long.

You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

@Allende Hernandez what happens if one or more occupants move out and the others stay?

Hey Matt, As a solo-shop, I use the following to stay on top of my client's minds and files: 1.

Stayed afloat (barely) through the pandemic with NY properties so i've seen it all at this point. 

I don't see them showing up or paying any of the back rent that's due to become current if they wanted to stay.