That's especially true if the underlying mortgage is from a large bank (say $250 billion-plus in assets).  

I also read posts by others online who said that this is very common in large cities like Austin/Houston and college towns and that they advise to just keep renting the room and not cause any disturbance and that it will be fine as long as the landlord gets paid the rent monthly.

If the nest is large or high you need to pay for removal and the charge is probably appropriate.

We had to redo all the plumbing, add a ton of electrical, fix lots of drywall, convert one room from a large recreation room to a bedroom, bathroom, closet, and laundry room, completely redo another bathroom, replace windows and exterior doors, add a kitchen where there wasn't one, paint entire house and flooring. 

However any house will cash flow with a large enough payment.

But that was working for large corporate and they did not want the visitor to do any 'consulting' while in the US.

There is a large recreational athletics facility called the crossplex in 35208.

As you scale out and become more sophisticated I could see how it would be ideal .

Peeps still have to live somewhere and there is still some benefit to owning a home than renting .. it could just be over building in your area as well.. you see that a lot with condo developments the lag time to get them up is so long that by the time they come to market the market cant absorb more.Not sure in Austin other than there was from what I understand a large run up.. but I can see luxury pricing in Texas being an issue with the prop tax's that are quite a bit higher than other parts of the country but that is usually mitigated for texas residence who don't pay state income tax as there is none in Texas.. so I think texas for TExans is a great investment long term. 

We talked to several banks and found one very large bank that would rap the rehab with the mortgage the problem with this bank is they were very difficult to work with especially for the contractors.