This is an important factor.

It looked at growth factors for each city such as five-year population change, average yearly growth in economic output (GDP), five-year change in number of businesses, five-year growth in housing, and August 2021 unemployment rate.Austin clocks in at No. 17 in the U.S. and No. 3 in Texas.

That will be a huge determining factor for travel nurses or a corporate rental or Airbnb model. 

@Seokwoo YoonA refinance in of itself is not a taxable event.However, there are some items with a refinance that effect your taxes in the future.Closing costs / lender costs may be capitalized.Prior lender costs can be immediately written off.Interest tracing rules need to be factored in for deductibility of additional funds received.

A letter from a licensed medical professional in the State where subject property sits that states that the specific emotional support animal is a part of tenant's treatment for a qualifying mental condition is the federal law.

However it could be worth 170k-180 if everything was fixed and I think I could get it going as a functional rental property for the purchase price plus another 20k and some blood sweat and tears and maybe could get it reappraised in a year and do a heloc, but I could end up being 160k in when you factor in lost rent and is 10-20k inequity worth the gamble? 

Besides legalities, is cost and ROI the driving factor in the majority, if not all of your repair and upgrade decisions?

Just make sure to factor in furnishing and great property management company (if not self-managing.

I would not use a 3 month event as a deciding factor, esepcially something that has the appearance of discrimination. 

You have way more than $30k in repairs here when you factor in the Electrical and HVAC.