With all the news of new companies setting up shop in Austin and all the growth we're seeing, I just feel maybe, long-term, this option could better.

If you are selling your home and looking to buy another one, good news for you!

Other things to consider is location, demand, all expenses including loan terms, an exit plan (long term or short term), an overall game plan, can you raise rent, can you improve that property to increase its rents and value, maintenance, any major expenses now or later, reserves, seasonal expenses, it's proximity to you, the management cost seems a little low for a good property manager (it may be more like 10-12% plus other expenses and depending on their positivity of keeping it occupied and their ability to raise the rent), any school district news, public or school transportation and local stops, amenities, the competition in that area and how are they doing, etc.. 

If you are selling your home and looking to buy another one, good news for you!

Here is the IRS news bulletin: https://www.irs.gov/newsroom/i...Thank you!

I'm wondering if there's a good source for news about these kinds of expansions (or contractions, i.e. major factory closures) on a national level.  

When everything is done I would collect my back rent, sue the realetor and agency, and get news channel to report everything.

Investment Info:Single-family residence buy & hold investment in Newport News.

They were bad news from the start.

The good news is that my parents own the house outright (No debt).