With starting a business it will often be 6-12 months before it is consistent especially starting completely fresh.

Austin rents average $1700 per month, and the market is booming.

2 months ago, my client closed on a property for $120k. 2 bed 1 bath.

So could I just use my HELOC to pay off the card right before they report my balance to the credit bureaus each month? 

You can live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Do you believe active investments have no risk, and pay an exact return each month?

Below you can find a quick FAQ sheet of the updates they have implemented and will be implementing soon.Quick Overview: - The cost of application fees has increased- Platforms will remove listings without legitimate permit numbers- Platforms will have to remit the Hotel taxes directly to the city of San Antonio (Operators still have to file revenue reports monthly)- STR operators can change the operator of the permit without a new application being required (it seems the permits are still non-transferable upon sale, however)- Updated Party Prevention measuresMy Take:This should weed out some hosts that have not been abiding by the permit requirements.

After going back and forth, taking the property off and on the market, bobbing and weaving on the price, waiting a couple of months to see any real action come in, I landed a client that was interested in the house.

With similar 3 bed rental bringing in between 1850-2000/month and a refinance value around 250k this is one of the cheapest things in the pocket that is this clean.

If not does anyone want to start a monthly or bi monthly meeting with me?