@Victor Delarosa you live in the third largest market in the United States.

@Michelle Herschend hit the nail on the head about drug abuse being one of the largest problems here.

I personally don't think there's much of a distinction between the amount of time it takes to manage a STR remote vs local.

As a former regional manager for one of largest nationwide chains, I have an in-depth understanding of not only how the larger PM companies operate but, also, the smaller "mom and pop" and "boutique" brokerages.After 4 years with Evernest, I chose to break away and go the more "boutique" route mostly because of the quality of service or lack thereof. 

They also have seen the largest price increases and the most institutional buying...

Here are my takeaways directly from their presentation:-US best cities for millennials-Most diverse city in the US-Best seaport in North America-#2 top metro for job growth-#1 best hospital for cancer-22 fortune 500 companies, 2nd to NY-3.1% unemployment-6 out of every 10 jobs in Texas will be added in Houston through the year 2040-Growing 4x’s faster than the US population-2nd fastest growing economy in America-The Texas Medical Center is the largest medical center in the world-21 hospitals-8 academic and research institution-21,000 physicians, scientists, and researchers-110,000 employees-170,000 operations annually-Upcoming $1.5B expansion that broke ground in 2019 and is expected to be completed in 20222-New campus is expected to have a $5.2B impact on Houston and create projected 30K new jobs-University of Houston-$1B planned expansion over the next 3 years-Located extremely close to the medical center and downtown-New $100M college of medicine scheduled to break ground in Spring 2020Basically, Houston is not all about oil and gas!!!

I graduated with honors from a top 5 business school, worked for one of the 15 largest investment banks in the world and served as the lead analyst on dozens of bond offerings with a total value of more than $1 billion.  

In our discussions with them we ( the largest STR Property Manager in our area) found AirDNA was using data of timeshares managed by a company that had numerous timeshares around the nation. 

Home prices in Austin, recently named the 10th largest US city, are still well above pre-pandemic levels.

This means the largest category of renters are looking for a rental unit/lease made for one person.