Hi John,Converting your existing home in Castle Hills into a long-term rental while managing it remotely from Austin is a feasible endeavor, but it does come with its own set of challenges and considerations.

If the only debt problem is the mortgages, attempting a short sale would be the easiest way out of this, with the fastest recovery time.

I also struggled with consistency money making endeavors I picked up.Now that I have a family, even though I make significantly more, I spend a lot more on my family and the reality is that saving more in the stock market doesn't make a lot of difference in when I will have enough to retire (which is currently early 50s). 

That said, I do very much take into consideration the experience of people who are more knowledgeable than me, on whatever I’m endeavoring.

It was clear from the video that this new law attempts to prevent wholesaling entirely, and Pickren feels that the interpretation of the law is sufficiently wide enough that any marketing for the assignment of a contract will fall of under the definition of this law. 

It took them a staggering five days to list my condo on Zillow and other major websites—a task that took me only five minutes when I attempted it myself.

Hi Christopher, yes, Kailua is beautiful and you are right about gov't attempt to limit STRs outside the resort zoned areas.  

Normally I attempt to structure the transactions utilizing an interest only 3-5 year ballon payment (balance due in full). 

In other words, attempts to bypass payroll taxes and gift/estate taxes.I'm not for ignoring the rules, especially when it takes so little to comply.

This is my first attempt at a BRRRR and need some help/suggestions for mortgage options.