I discovered a guideline that prevents lenders to loan to Condos that have master homeowner's deductible > 5%. 

We would enjoy keeping vacancy rates as low as possible, providing great tenant support, and even some simple maintenance and up keep on short or long term rentals.

Suppose you are personally sued; during the discovery process, you must provide information on all of your income and assets (including your LLCs in any state (with or without anonymity).

Document all communication, including any promises made by the tenants to pay rent or excuses provided for non-payment.2.

Landlord provides tenant (at tenant's decision) the option to limit potential damages by agreeing to pay 2X rent as lease break fee".

As a result they’re forever attending seminars, workshops, classes provided by various real estate organizations; they’ve read every book ever written about real estate twice; they believe that they could be worth $1 billion now if only they had chosen real estate as their college major instead of medieval literature; but soon as they study for their real estate license in all 50 states they’ll be ready to begin.The Guru Junkie – I met this person while I was the designated provider of financing for a guru – back about 30 years ago.

I'd be happy to provide guidance.

If the property does not provide for all three, you should not underwrite or make investment decisions based on the property operating as an STR. 

These gatherings provide opportunities to meet wholesalers, investors, and other real estate professionals.Utilize online platforms like BiggerPockets to connect with investors in Austin.

appreciate all the advice and I'll be following up with some of you to pick your brains as we get more involved in the due diligence and underwriting of potential deals.One thing I should have mentioned is we have a couple of relationships with a few private investors (family, friends, etc.) who have expressed interest in providing the capital if we find a deal that pencils.Thanks for all the feedback so far everyone.