@Alex Silang No one can predict a world stopping pandemic.

Austin Business Journal and others have been predicting that the San Antonio --> Austin corridor will become the next biggest metroplex over the next decade.

Hi All, I have been researching the idea of putting together a STR portfolio and eventually raising capital once I can create a predictable system around buying and Cash flowing these assets.

STRs depend on seasonal demand and can have more frequent vacancies, while LTRs provide steady, predictable cash flow with longer leases.

Since it is conventional financing, then your friend/wholesaler may not even qualify without predictable income for 2+ years. 

The mayor challenge here is to accurately know and predict how much and the time it would take to renovate the units that are not rent-ready to bring occupancy to 95%.

Given that, we would get an immediate boost in cash flow which will also be very predictable month to month and save myself a bunch of time managing my property managers and dealing with the ups an downs of active real estate.

While no one can predict interest rates with complete certainly, they have already come down from the highs 7-8 months ago.

Zillow rent estimator predicts $3000/month I’m not looking to cash flow much year 1.

The appraisals are awful, awful, awful at predicting rent price.