As long as they are not a one company town.

Thank you, and thank for details advice, I really like have no option period, in some of our offer, I think we should have done that, since we don't see much issue with the house except cosmetic, and even though there were issue with foundation and plumbing, they have been fixed with high reputation companies and with transferrable warranty too.

STR looks like an attractive option but I am a novice in this area so looking for input on realistic income and cost estimates of a STR managed by a 3rd party property management company. 

From what I had read, I thought it might be 1% but when I look at the top 100 cash flow markets for 2024, they are all less than .8% so then I questioned :-)  I understand this report is identifying markets, not individual listings.Thanks again!

It has proven to be more difficult to set up than expected mainly because of having to use a third party company for a physical business address1.

.- Revitalization: The area is seeing revitalization efforts which can be beneficial for investors looking to capitalize on emerging markets.Data Reference:San Antonio Business Journal: Reports on Alamo Ranch’s growthZillow: Provides home value trends and market insightsUltimately, “if the numbers work” is key, but these areas show strong growth potential and demand.

Being a mom & pop property management company is in itself, a red flag.

How do you handle annual reports, taxes, and other obligations?

This report can be confirmed and was written to remove doubt  Make your own decision.

This report can be confirmed and was written to remove doubt  Make your own decision.