It strips away the clutter and lets you focus on the essentials.

I'm in the early stages of considering a venture into the short-term rental business in Austin.

That sounds pretty normal for the area.

@Maegan Quaife, Of the 4 prongs of the Internal Rate of return 2 of them are very high for you - cash flow and amortization of the loan. 

What’s the name of it?  

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

Yes you can but it depends on the lender some lenders do not allow due to overlays and in house restrictions. 

The only way you're going to know about the cause one way or the other is to have a plumber inspect and troubleshoot.

It happens all the time!

I hope to turn the self-managed properties over to a PM at some point in the first quarter of 2025.