It's been 2 weeks and the kind of applications we are getting are far from ideal...bad credit scores, delinquencies, hard to figure out how much do they make (meaning self employed in some cases) are some of the issues that made me reject 4 applications so far.My property manager (who helped me buy the house) has posted the ad on all relevant websites, we have priced it at the lower end of the range at which similar homes are listed in the area, but still not happy with the applications.I would be interested to hear what folks, knowledgeable about the Austin market, think...is there more that we can do?

Here is a link to the rental tax matrix taken directly from the AZDOR website.

I would do as much research on the home as possible in the county appraiser's web site to get an idea of how long ago it was sold for and if there was a mortgage recorded on it. 

To tell you the truth, getting comps is something that you can do for yourself quite easily, using all of the available websites, especially Redfin, since they are a broker with direct access to the MLS. 

Best commercial retail training in the country is held by Cherif Medawar - he is a real estate hedge fund manager and owns a lot of retail and mixed use He has a training and Seminar company and even offers joint venture deals Go to his website www.cherifmedawar.com or enter his name on Youtube he has tons of videos and success stories I took several of his trainings through the years and in my opinion he is by far much better than the other so called gurus!

In the more rural areas, prices are obviously cheaper, but they have there own issues such as fluctuating demand because of oil/coal booms and busts, limited selection of tenants and property managers, etc.

This website summarizes prety well.

Great community here and awesome website.

I’ve already selected a property management company as well out of a few I’ve interviewed.

Then your true private money lender options might open up.Also, if you see someone advertising (or a website) calling themselves a private money lender, I'm going to say they're actually a hard money lender.