I renovated it down to the studs.

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.

Use AirDNA to get a better feel for what may be projected and then dive into Airbnb and compare to your competitors. 

But because this is an older home that could use some renovations and the idea you may move back to Austin sooner than later, I would seriously consider keeping the home for now.  

Additionally, I created MEC (Material Estimator Calculator), a unique residential renovation software that automatically calculates a bill of materials (BOM) based on the property’s condition.Overall, I’m thrilled to escape the Seattle rain and connect with fellow investors here in Arizona.

Hello everyone I am wondering how everyone is doing with their fix and flip projects.

Any numbers on projected STR revenue?

If you go with the partnership route1) You need to manage the money going in and out of the business bank account.2) File a partnership return and be responsible for issuing K-1's3) make distributions to you and your partner for cash flow that you receiveYou will likely spend many hours on a nice gesture.I may want to consider instead to give a christmas gift or a bonus for early completion of projects.

I think you should go through with this project.

That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.