The list shows Austin as number 3 with a 2020 increase of -3.6% (negative 3.6%) and 2021 forecast of 3.9%, that’s barely braking even over 2 years.

We paid the private money back and got a lot of our money back out also.Sometimes the financing stuff really puts the brakes on moving as fast as we would like. 

If you are going after market listed properties, consider secondary markets...draw a circle 10mi out from the center of the city appears...try 15mi...20mi...you have less competition in secondary markets with comparable rents and better entry prices.4.

One of my properties has also been booked a few times for photo shoots for clothing and other products.My advise to get started is pump the brakes and learn A LOT about underwriting and managing an STR. 

What is the loud "Noise" buzzy aftermarket mufflers, loud vehicle music, bomp bomp bomp noises coming from car sub-woofers (???)

You need to put on the brakes for a moment and derive three possible outcomes; 1) your "best case" which is what you put in this post 2) your "worst case" which is that you have a 10-apce RV park and a doublewide and nothing more and 3) your "realistic case" which is adding on some additional RV lots at a more accurate cost (you need actual bids) and with a safe amount of vacancy expectations plus renting the doublewide for maybe $800 per month.If you can survive the "worst case", are happy with the 'realistic case" and ecstatic with the "best case" then go forward.

@Sean H.Time to hit the brakes and figure out what you currently have, how you're using it now and what you're planning to do with the properties.Rentals do not have the SE tax and should never go into an S-corp.

I wanted to sit down with a real estate attorney and lay out those details...The offer was sent I guess out of excitement about the property but mind you I wasn’t there to pump the brakes on anything 😩

To a degree that development challenge puts the brakes on money flowing into certain areas too quickly.

It is starting to look more and more like the 70s and stagflation is becoming a real possibility as a result of fuel prices   For the data people out there, this a different set of equations, it brakes the models and is hard to quantify in a twitter feed.