STR is very challenging in the city of Austin unless you are owner occupying.  

I reached out and spoke to a couple commercial lender and i was told i would have to occupy the commercial space in order to get the loan.

These were largely sourced pre-CV19, so eat the fish and spit out the bones.The DTI percentage range varies by lender, and is less than what you will find for an owner occupied property, due to lender risk.

Cash out refi will be limited to 75% of ARV for a nonowner occupied .

There are 17 units currently being occupied through HAP support, which also have their utilities paid for by the landlord.

✓Second Home Requirements must be occupied by the borrower for some portion of the year is restricted to one-unit dwellings must be suitable for year-round occupancy the borrower must have exclusive control over the property must not be rental property or a timeshare arrangement1 cannot be subject to any agreements that give a management firm control over the occupancy of the property must be underwritten in DU and receive an Approve/Eligible recommendation, with the exception of high LTV refinance loans required to be underwritten in accordance with the Alternative Qualification Path (see B5-7-03, High LTV Refinance Alternative Qualification Path).

Analyze as if you are not occupying so you compare properties uniformly.

I purchased a few Properties luckily/Unluckily they were already Occupied.

I'm not sure how long subject went from 100% occupied to zero but it sounds like over a long period such as six months?

This complex has great buildings that are very well taken care of and is 100 percent occupied; it is also located in a great location near lakes and a highway for advertising.