Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k

I am going to go and try and look at it tomorrow, peek in the windows, look at the roof. 

BP fam what are your thoughts on my scenario -- I bought my primary home for $335k 2 years ago and have put about 40k in upgrades (new double paned windows, new foundation, new metal roof, rain gutters).

The program now offers selections of properties through an application process that is offered in windows of time.

The subject isn't whether Texas has the best STR markets in perpetuity, the subject is a five year demand window based on migration trends.

It fell into the window of i-buyer purchases that were purchased for too much and slightly overpriced when put back on the market.

I do showings during an open house, advertise an hour window and anyone that wants to see it can swing in.I also would start with zillow rental manager and set up a separate gmail account for the property to link to the zillow account. 

They sent a very professional slide pitch deck that showed all of their justifications around that specific market, e.g. employment market, housing shortage data, the new developments in the area, the air bnb data, etc. etc.They also stated the numbers were conservative (7 year to reach the target returns) and that likely it will be year 4-5.

Use my slide deck for the "see demand" section.

New roof, new water heater, new Electrical panel, New HVAC, new Concrete driveway, new Concrete steps & walkout basement, Open space of kitchen and living room, fully finished basement with wet bar and new full bathroom, new windows.