"Cash Flow" nowadays seems to be a lot tougher than the years past with rates and home prices (and HOAs) the way they are.

Their expense is simply another business expense like the utilities, taxes, insurance, supplies, HOA, etc.

Like you mentioned, be aware of the short-term rental regulations through the city but also pay close attention if there is an HOA.

Something like 55,000 apartments coming online in 2024 in DFW, but only 15,000 in 2025, maybe same or less in 2026.If your HOA is friendly, probably still a good long term buy and hold in my opinion.

The difference between a condo/townhome is how is owned - condo you only own from the walls inside the HOA owns the remaining property including the grounds-driveways etc... - townhome you will own ( in your case ) 50% of the roof/siding/driveway/yard etc...

Purchase price: $690,000 Cash invested: $300,000 6/6 two family detach house in HOA at 77 monthly.

Hello,I have a rental townhouse in a complex that has a monthly HOA (~$2K yearly).

HOA can be too restrictive and can change the ruled on you and add even more fees.I would steer clear of HOA properties.

There is a map available online that shows you where you can and can't put an STR - it's based on the location of existing STRs and on individual community HOA guidelines.

However, the HOA fees are significantly affecting my cash flow by $600 per month should I rent it out.