We often find the best markets have a mix of health care, government, and universities.

While I hope for a quick resolution, even the economic measures being employed are affecting everyone of us right now. 

I realize this is a pretty vague request but honestly I have rarely been to a beach community down south that I didn't like so I'm open to getting off the beaten path if it's better economics.

While SA doesn't have the same volume of large corporate headquarters that Dallas or Houston has, SA has a relatively strong/stable renter pool thanks to strong economic growth, a large military footprint, and tourism.You mentioned UTSA and the Medical Center areas, which would be good options for a STR or AirBnB. 

If you are playing the long game, strong school districts with reasonable commute distances to the economic hubs in the area, just like most other metros.

Thing is they are vastly different housing units and investments, each with distinctly different economics.

If the housing problem remains one of the reasons for the sluggish economy, the depressed prices, distressed properties, etc, then yes, I believe investors are at the front lines of the economic recovery, or can be.

Common sense is very poor at differentiating the two...There are lots of things that have happened since 1980 that have never happened in the past, but that doesn't mean they are to blame for the economic crisis.

Most PM companies write their agreements in a similar manner as your example so that they can proceed forward quickly as to any repairs, especially if such repairs are a health and safety consideration.

They are likely exactly where they should be given the strong demand for housing, primarily being driven by wealthy tech workers moving into the area.Prices are huh because (1) strong population growth, (2) strong job growth, and (3) diverse economic base, particularly tech sector, and (4) great/unique culture ("Keep Austin Weird".