@Michael Csrnko1) Make sure to use a pricing software like price labs or wheelhouse to have competitive pricing. 2) Don't always give refunds or credits to guests when they complain to get a 5 star review.

Geographically- Hutto is placed better than Kyle, for the fact that its accessible to multiple smaller suburbs Pf, Manor, Georgetown, Round Rock and Taylor!

That's right—we haven't seen rates like this in over a YEAR.And here’s more great news for buyers...the market has more properties available than this time last year, leading to a slight drop in median prices.Now is the time to make moves.

These areas tend to offer slightly more flexibility, and depending on the size of the property you’re looking for, you might find larger units than in Portland.Also, as Scott mentioned, increasing rents in Portland can be a slow process, especially with the 10% cap or 7% + CPI limits, whichever is lower.

In general, doing less is safer.

It's a ride that I don't care to go on, but hey, I'm probably a bit more conservative than most.

It is more important now more than ever to have a transparent working relationship with a real estate agent who can listen to your wants and needs, adjust accordingly and negotiate effectively on your behalf. 

Private lenders allow much more exposure to a same borrower than traditional banks.

But while evictions have many similarities throughout the country, scrupulously following local law and procedure is the key to getting through the process with as little pain as possible.You will probably want to also find and consult a local real estate attorney who does evictions on the process, especially this first time, especially if you suspect you're going to be doing this multiple times in the future.I can't answer your first specific question better than that.

Now, that said, let's give the contrary view, and why I wouldn't personally do that deal:-Limited appreciation potential for at least 3 years on this property based on location and demand, and no opportunity for forced appreciation-Risk with Section 8 on cap ex -I look for cash neutral on 15 to 20 year notes-positive cash flow of 144/month does not excite me, especially since I prefer appreciation potential -I avoid rentals that require more than $2000/month in rent to work given lack of demand at that price point in North AlabamaAgain, I ran this example just for educational purposes.