:Several years too late, I'm afraid.

In fact, a Texas Supreme Court ruling on May 25, 2018 could also severely limit an HOA/POA's ability to prohibit or restrict AirBnB-style rentals.

Account ClosedThere's several considerations: tax, liability, transfer issues, cash flow, qualifying for a loan....You'll definitely want to look into insurance... is Kyle a licensed contractor with his own insurance? 

@Terry Lao For sure, and there is maybe close to several hundred thousand peeps a 45 minute flight away that probably are looking to invest in something RE and are probably getting pretty tired of getting outbid a dozen times in row. 

After reading several post and   listening to a few podcast, I have settled on  investing in below market multi-family properties with the potential for good cash flow and equity growth.  

Appreciation wasn't needed as much as a cash flow to live on. 1031 exchanged into cheaper c class properties, several bank owned.

Your questions gave me several things to look at and consider.

Hi all,I have been a bit frustrated on the performance of several of my SFHs in the past 8 months.

I've got several clients that have gone down that path.

I believe it would have to be updated a some point with a whole new system.If anyone knows an HAVC person that could help me with that in the next several days please send my way in private message.Let me know.Thank youJonathan