Now Compass and NWMLS are heading to court.This stems from NWMLS requiring all licensees to enter their listing into the MLS in a timely manner.  

Locking in a lot at $150,000–$180,000 today could be a strategic move that allows you to enter the market at a far more affordable point than waiting until everything is built out and much more expensive.

Hey @Noah Mac, house hacking is a great way to get started in real estate in CA, as the barrier to enter the investment market is challengin do to high prices.

Look at why you entered this space in the first place.

This includes:- Rents- Section 8 rents- Utility bills- Pet Rent- Late Fees- Insurance policy refunds and claims- Security Deposit funds retained to cover unpaid rent & repairs- Etc.Then the PMC sends the owner the 1099-MISC and should send a P&L breaking down the income & expenses.The expenses should cover expenses paid on behalf of the owner:- PMC fees- Utility bills- Insurance premiums- Property taxes- Maintenance & repairs- Etc.The owner, or their tax professional, would then report the gross income from the 1099 on the appropriate tax form and then enter the expenses on the proper lines.Many PMCs make the mistake of only reporting the net amounts they sent to an owner on the 1099-MISC.https://www.irs.gov/taxtopics/tc414https://www.irs.gov/businesses/small-businesses-self-employe...

After that notice period ends (as defined by your local laws), any unclaimed items may usually be considered legally abandoned, and you can dispose of them.Importantly, entering the property after she moved out and securing it would not typically be considered a violation of her rights, especially since she broke the lease and gave up possession.

A lot of investors based in markets that have high price points to enter are choosing to purchase their investments OOS in the Midwest because of the affordability, landlord friendly laws, and numbers making more sense.

LTRBased on your home’s details (3/2.5/2, upgraded finishes, solar, great curb appeal), here's a quick market snapshot for 78224 as of May 2025:Long-Term Rental:Rent Range: ~$1,600 to $1,950/monthGiven the upgrades and former model status, your home could likely command closer to the top end—$1,850–$1,950.Best for: Predictable income, low turnover, and less active management.Mid-Term Rental: Rent Potential: ~$2,200–$2,600/monthEspecially strong if you furnish it and market to travel nurses, contractors, or military (Brooks City Base is nearby).Best for: Higher cash flow with less churn than STR.Short-Term Rental: Nightly Rate: ~$100–$140/nightTo reliably cover a mortgage, you’d need 20+ booked nights/month—which can be tough in this ZIP, as tourist demand is more modest compared to downtown San Antonio or New Braunfels.Best for: Experienced hosts or homes in high-demand leisure areas.Given your goals and desire for stability, LTR or MTR might be your sweet spot:LTR gives peace of mind and steady income.MTR could boost returns while staying relatively passive—especially if you furnish it once and cater to travel professionals.And please don’t feel discouraged—it’s completely normal to feel a bit uncertain when entering a new space.

The first loan applications we entered to the portal had errors, but could not be deleted, even by staff, and could only be labeled, literally, as dead.

Quote from @Noelle Debruhl: A big part of the reason I'm confused @Carolyn Fuller is that VRBO had me enter the amount of tax I would like them to collect, whereas ABB withheld automatically.