Options to rent (non-STR) in a depressed market

[John Gonzalez]

I have a high end rental in downtown Austin which has failed as an STR.

The Austin market has cratered in a huge way. I am stuck and looking for a way out. I don't want to lose my equity and could not find a buyer via either traditional MLS listing or exploring seller financing (where people want to make offers like 2-4% down and then get miffed if you don't get back to them in a lightning fast and fawning manner lol)

However:

1. Listing it as a long term rental with freebies (2 weeks off, internet and lawncare included etc), has not received applications, even though it was the lowest price per sq foot for the area by a large margin (to signal a motivated landlord)

2. I checked into the MTR market but that is largely sluggish in the Austin area as well, even though "MTR experts" don't ever tire of their fever pitch sales spiels

What are the "out of the box" strategies for me to get this rented as an MTR or LTR quickly?

Please note: I'm not looking for general advice like "list it on AirBnB as a medium term rental" or "Pay XYZ company X amount of money to be on their MTR "hotlist"" or even "call this amaaaazing realtor because they will somehow solve the "no one wants to buy in Austin anymore and companies are leaving", problem" Ive tried all that already

I am looking for methods, names, referrals of folks that know how to get high end downtown Austin properties, rented out quickly

Thank you 

[Ryan Kelly]

“Renting out quickly” and Austin don’t align currently. I’m assuming you have a downtown condo based on your info, so my apologies if I'm incorrect. We have a high supply of rentals downtown and competition is fierce. Typical downtown Austin condos have 18 months of sales inventory and nearly a year of rental inventory as you are competing heavily with A-class new build apartments. Austin isn’t suffering due to the economy or incoming demand, it’s all about over supply. Do you happen to have friends, co-workers, or an Austin network you can tap to secure a 1-2 year tenant? That’s your best ticket for a quick deal.