The biggest win seems to be the fact that investors will be able to buy existing STR's and carry on with the business.

I think the property does have great potential, and the biggest challenge is going to be financing.

What’s been your biggest challenge so far with the expansion?

The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.If you want to close in the name of a LLC/ LLC taxed as an S Corp, or an S Corp, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

I am a firm believer that most of the reason is between our ears, and the potentially crippling self limiting beliefs are the biggest problem.

Biggest wealth generators I personally see or those i personally know that most would consider wealthy are those that built a business and sold it ..

The biggest opportunity in Austin, Texas is buying significantly under market value.

My biggest advice for people would be as follows.Know why your in the real estate game, and why a specific niche.

Sometimes diving into a new space can feel overwhelming, but it’s where the biggest growth happens.