I am also a project manager and a architectural designer for a real estate developer in NYC. 

The investors that I work with find this much less risky and a much faster way to get to ROI. 

And a debt note is only part of the cost of owning a property; not paying taxes will get a property foreclosed; not paying insurance can present huge exposure to damages.

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.

-Depending on your gain above, you could get a partial 121 exclusion and a 1031 on the townhouse.

It was a 1962, ranch-style house with blocked galvanized pipes and a busted water heater!

And a big Welcome to BiggerPockets.  

It could be a good choice if you prefer more personal space or want flexibility with different rental terms (like longer stays for remote workers).In general, duplexes are more limited in Austin and can appreciate well, while single-family homes give you future flexibility and a wider tenant pool.

.✔ Invest in Professional Photos – High-quality photos and a well-written listing can significantly improve interest, especially in a slower rental season.✔ Ensure All Basic Maintenance Issues Are Addressed – A rental sitting on the market is a great time to check for leaks, HVAC performance, paint touch-ups, and deep cleaning to make sure it’s move-in ready.