A living in trust could speed the transfer process up possibly.Good Luck!

In-unit laundry is a must-have, and high-speed internet is essential for your guests, especially those staying for work purposes.

This amount fluctuates, typically peaking before a property purchase and then gradually decreasing as we rebuild reserves for the next opportunity.

You can speed up depreciation exactly the same for STR versus LTR.   

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 15%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, prices in Austin are still substantially above pre-pandemic levels.

Was looking at sold history of some stock on Zillow in sub 300K region and surprisingly the prices have actually reduced since 2023 while peaking in 2022.

Seeking a mentor can speed up learning and reduce mistakes.

The multifamily housing market has been trending down about 10-15% since its peak in 2022. 

There is definitely a peak season, the end of May through Labor Day.

In addition, be strategic about when they would stay - don't give away premium nights during your peak season for this.