An S-Corp could help save on taxes if your income's high, but it’s worth chatting with a real estate-savvy CPA to get the best strategy.

Get out of your comfort zone.

Being a different type of real estate and nothing like it around I can get realistically $1,500- $1,700 a bed being a different realm of real estate (especially in my area). 

(Austin is getting hurt now with new supply.)Investors should be looking for both cashflow and appreciation.

Does HOA have loss of income insurance or some fund to make up the losses until owners get property rehabbed or built?

It works for us just fine.Having said that, you need to get the price right and decent financing etc.

The furniture in the unit is ours, so we are responsible for that.We do get a separate lessee insurance policy on the furniture and such that we've placed in the condo, and we require our sub-lessees to get a policy as well.

I thought they were legit from the cute YouTube videos - 1 property I had to find a contractor and pay an additional 16k to get it rent ready - took me 6 months.

@Michael Smythe they definitely made it seem like it was the best way to go lol but I’ve been down the rabbit hole too many times to now know when it seems too good to be true, that’s why I wanted to come on here and get some insight.

You can either click on my name to get to my profile and get my e-mail address or in BP you can go to your inbox (upper right bell) and send me your e-mail address.