The chart below is from the MLS and includes all property types and price ranges.The ChartsThe charts below are only for the property profile we target.Rentals - Median $/SF by MonthSurprisingly, rent dropped slightly in February, despite the inventory decreasing rapidly.

A two or three company structure is usually worth its weight in gold (at least in TX). 

If you're lucky enough to have to make a decision whether to flip (because of rapid appreciation) or STR then that's a really good problem.  

Yes PSJ is moving quite rapidly over the past two years.

Use a 20 foot (drivable space) gate, the actual gate may be 30 foot long for offsetting weight and to stay on the rollers.

Our idea was to get one under our belt to put a little weight behind our name and show the real players in the area that we are serious, and here to stay.Financing has been addressed, but this thread is getting pretty big so I'll restate. 

My brother and I are rapidly advancing towards our first rental unit.

Even a few bed bugs can rapidly multiply to create a major infestation that spread to other units. 6.

I've had good luck with SmartMoves to screen potential tenants, but I put the most weight on references.

Not using leverage means you have to use your money, which in most of our cases, increases our Weighted Average Cost of Capital (WACC).