.* Property in a flexible market to switch the rental from an STR to LTR (if STR doesn’t work out).Questions:* What are the prospective neighborhoods or areas within and around Houston for STR investments?

But your accountant is sure to have an opinion.2.

Quote from @Frank Pyle: My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

This has created an issue in discussing any topic as I have read not to over-whelm your partner with your knowledge, and she seems to know everything (sound familiar🤣) .

Orangeburg is an inferior, out of date product, made out of essentially paper and tar.

Is it an A-class property, or a C-class?

Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.

Would a tool that gives you an early warning on site risks before breaking ground be valuable?

You can submit an offer but be prepared for a potential counteroffer.