Recommend you spend some time researching your Austin market to learn how to evaluate potential rental purchases. 

This could get some of your money/time lost back... 

@Jonathan St.LegerYour timing is the problem.

Single-family homes offer reliable rental demand, lower turnover rates, and the ability to benefit from property appreciation over time.

Time will tell.

Mentors for me have come in the form of friendships over time, but honestly, most of them were made at an IN-PERSON MEETUP....there is something about physical energy that makes a huge difference.Happy to connect to share some of my experiences!

I do not envy anyone starting out at this time.

We personally fund rural deals all the time -- unfortunately, we don't lend in Minnesota.

Hi all,A long time ago Brandon Turner (@BeardyBeandon) mentioned his minimum criteria for investing was: * $100/mo/door cash flow* 10% CoC annual return I’ve used that as a guide since I heard that… thank you Brand Turner! 

If you want to continue with the STR and classifying the property as active, you have to spend 100 hours and more time than anyone else.