I'm going to offer a different perspective of looking more at the asset instead of cash flow on paper.

We represent several developers in Cedar Park, they all developed for owner user + rentals, but I'd say the main thing from a legal perspective is ensuring good GC and sub agreements.

Or, from a business perspective, much better to use that time and energy to create a STR management business instead of arbitraging.  

We are in the middle of major infrastructure and RE growth (res and comm) and need to know how best to handle the property we are on from both a short time and potential long term investment perspective.

From an owner perspective, that does not want to deal with an STR it may be good.

I respect your many years of experience Jay but want to bring some perspective from the other side of the table.In a corporate office which is running 10, 20 or even 50 projects at once (depending on the firm size), what is the benefit for the Architect to drop their other projects to jump on yours quicker?

I'm interested in hearing different perspectives.

The numbers I’ve been running look really promising from a short-term rental (STR) perspective, and the area seems to have favorable STR regulations—or at least a lack thereof.

That ability can give you a completely different perspective on what the future might look like.”The Millionaire Real Estate Investor: - “Under Promise & Overdeliver”Think & Grow Rich: - “There are no limitations to the mind except those we acknowledge.

@Jay Hinrichs I really appreciate all the longterm perspective shared, learning a lot from you.