Unless I know the General Partner and have high confidence, personally it seems risky to do a invest and forget method in real estate.

High leveraged OOS move in ready mls properties are unlikely to cash flow regardless of what agents try to represent.  

For some people, investing in real estate passively, as you have done, is best because they have other obligations such as a high-powered job, family or just don't want to deal with the operational side of the business. 

You will see all your competitors, their pictures, amenities and most importantly: their pricing.That is your hyper-local intel.

I should write a couple of posts with pictures of what I’ve bought and dealt with in pre-foreclosures. ;-) 

Attaching picture of house current condition.

The first person didn't do a good job with the market assessment and priced it high given the market. 

From serving the initial notice to the final resolution, we'll explore each stage in detail, providing valuable insights for both landlords and tenants.

Also a side note, when looking at an STR investment in Austin, factor in the high annual property taxes that can get up around 2% of the appraised value of the house (ie house appraised at $500,000, pay $10k/year in property taxes)Hope this helps.

It's a breeze, the cash on cash return, while low in absolute terms, is crazy high (3% down + seller credits).