They are usually a one man band that will answer the phone when someone calls, but have no business systems, no employees, and will ruin each and every property through negligence, deferred maintenance, and poor tenant relations. 

Plus STR is more of a meritocracy where you can see a sizable ROI for your inputs, whereas with LTR you can only stretch that rubber band so much with property improvements and good management. 

We were able to cash flow ~$2-$3k while living out of an ADU.Some other experts to chat with about this in the Denver area would be: @Chad Rocke, @Craig Curelop, and @Ian Jimeno. 

Even in little old Centerville which is about 2 hours outside of Round rock there is an apartment building selling in low 7's cap rate.

The Austin-Round Rock MSA saw a change in median home price from $537,475 to $515,000 a month to month decrease of $22,475 and an 8% increase from the previous year.The following infographics and data is courtesy of the Austin Board of Realtors:Housing inventory continues to slowly climb and now shows 2.7 months for the entire MSA which is a 1.8 months increase over the preceding year.

You may even consider rocking part of the yard for easier maintenance. 

I would also consider Schertz, TX 78154. it is adjacent to San Antonio, is still affordable, and feels like it is in the same city. for context I own B and C properties.

TWC just released the latest stats which is for July. The unemployment is the same as it was last month at 3.1% which is still number one for Texas. From last month to this month the cumulative labor force expanded by...

Then it depends on whether or not that windows faces the street (where any kid could’ve thrown a rock), is in the backyard (definitely either a tenant cause or a rock flying out from a lawnmower).

Can anyone recommend a commercial lender near Little Rock, AR?