Thinking of trying to LTR it until I have my feet wet, then begin STR during some future turnover. 

The affordability factor also suggests potential for significant appreciation as the tech sector continues to grow and demand increases.Market StabilizationThe slight cooling we're seeing in the market isn't a setback—it's an opportunity.

This is really cool that you are able to do this! 

In its current state, the grading will bring water towards the foundation which will lead to a wet crawl space, mold and fungal growth, and possible property damage.

Do you think overbuilding is the main cause, or could the rising interest rates and overall cost of living in Austin be cooling things off as well? 

All the remediation company does is stop the leak/repair the plumbing, remove any wet materials, dry everything out with big fans and then replace whatever needed to be removed.

I feel vegas market has cooled down, time for deals seeking. 

Welcome to the cool-kids club :)I agree with Allen above. 

I’m in the same boat as you, trying to get my feet wet and build connections.

Not really cool to be handing new tenants a block to fix the flooring with however.