There is a logical ceiling to what people migrating to Austin can afford to pay based on their income and given the pricing of late I am not sure how long the appreciation is sustainable.Things are certainly going quite well right now, but 78702 lot prices are a lunatic level pricing right now on the open market.

That brings me to my question; if you're buying a house to use as a STR that has close proximity neighbors, how do you know you arent buying a home next to some lunatic that will make it his mission to get your permit revoked?

I can hardly believe the lunatics they have put into office up there.

That is real shame if your area does not even hear court cases ,that’s one of the big drawbacks to buying in “hot markets “ for me . they are almost always ran by insane liberal lunatics that favor tenants .

Meanwhile, (like a lunatic) I am hoping to restore a bathroom in a house I recently purchased to grandma's original glory.

@Thomas Greer the problem is not that these lunatic fringe legislations pass.

They're not going to get squat done.Worry about your portfolios, not about the lunatics running the asylum.

Beyond the most extreme example of some crazy lunatic landlord you will not find any.   

I’m sure some liberal lunatic politician has made it illegal to do , in fact you probably are required to wash the tenants clothes for them too

New Jersey of coarse will be extremely tenant friendly because it’s ran by liberal lunatics .