I just had an offer on a 5 bed 3 bath STR in N.

I own and manage a short-term and just finished with long-term in Seattle (Belltown & N Beacon Hill) and also a real estate agent.People with skills are always in need, for sure.

I wouldn't say housing market in Austin has crashed ... we just bid on a prop this weekend in central Austin and it went to multiple offers, my friend just bought in N Austin and there were 12 offers on that prop.

LT buy-n-holds are not for wealth creation, not at any form or function of scale. 

I asked a very simple question dont need a lecture... https://www.investopedia.com/terms/n/negativeamortization.as...

A BRRRR is just a fix n flip that you refinance and rent after.

There is a guy Jerry I think his last name starts with a N here on BP who has a lot of great content on how to market for off market properties.

Tough arena for a mom n pop.

At this point in USA Rent Control act's is the definition of insanity, doing same thing over n over expecting a different result. 

Instead of eating leftovers we eat hot n ready pizzas, instead of paying for a college class and doing it get ahead we buy a six pack and play madden, instead of driving our old car we buy a new one.