This is a combination of the climate, condition of the property, and the quality of the property manager. • Landlord friendly laws and taxes.

Not sure that those that have any obsessive compulsive disorders should be in real estate.

It’s the perfect altitude, climate, and rainfall for premium coffee.

What these guys are saying is that as a result of a rule that made sense in a different era under different circumstances someone is knowingly going to pull the trigger and unnecessarily destroy over $100 billion in capital.So even though these properties are healthy and performing excellently, they will be destroyed.I am so very glad that I am now a retired banker, as I cannot see myself in good conscience functioning in a climate where a sub mediocre bureaucracy blindly enforces a rule because it's there.

Some ideas from others:• bank loans are not available on some types of properties • the tight lending climate has made bank financing "out of reach" for many • seller financing is an "age old" tradition based on private property rights • these rules would prohibit even partial seller financing - i.e. a "seller second" • according to HUD's "Residential Finance Survey" in 2001, roughly 40% of all non-farm residential properties in the US are owned free and clear • an estimated 6 million Americans own a property other than their own primary residence • an estimated 4.5% of Americans own three or more properties, many purchased solely as investment properties • 40% of non-owner occupied residences are mobile homes which are more difficult to sell with bank financing • approximately 5% of homes in US are for sale or for lease... seller financing may be key to liquidating this inventoryThe continued success of our industry as we know it is threatened by these proposed regulatory changes.

@Greg Scott I believe that if we buy wisely and property screen our tenants then no matter what the political climate is we should be able to cash flow.

Austin’s status as a technology hub along with its high concentration of venture capital, warm climate and vibrant cultural offerings lead to frequent comparisons with the Bay Area – and in fact, high-profile Silicon Valley companies, including Amazon, Google, Oracle and Tesla, have recently expanded their operations in Austin," the report reads in part.Articles below detail the economic growth of major metroplexes in the US and Austin comes in at number 2 on the list.  

There are some holes in the outer wall that we'll fix and will hopefully stop future water intrusion...but I don't know the climate well enough to know what is "normal moisture" in this region...Do these seem like "medium" priorities?

The wood is going to dry in no time if you have climate control, so it's not like you have to sit there waiting for a week to start putting up drywall.

Unfortunately, because of the inflationary climate we're facing, there aren't many safe havens to park your money short-term while earning a nice yield unless you're willing to do things like lend peer to peer but there's higher risk involved there.