But if you’re doing more cost-conscious rentals or targeting long-term, no-frills tenants, it could be a smart, profit-boosting decision to leave it out—especially if you're dealing with the risk of water damage in multifamily or upstairs units.

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.

-Depreciation and other tax benefits (especially if you’re using strategies like cost segregation or bonus depreciation) can significantly boost after-tax returns.

Once you're ready for that duplex/triplex, you’ll be in a stronger position financially and mentally.

That's the timing aspect; having your ducks in line so you are able to pull the trigger when you do spot the opportunity.I've found that the most important part of real estate (besides your knowledge) is your mental attitude. 

These students could easily disclose their role on their websites and social medial promotional materials but are intentionally silent in order to boost the perception of their track record and credibility.  

Using your existing HELOC to fund the new build could preserve that low-rate asset while still boosting cash flow, even if the return is a bit lower due to interest.

Tenants may not mind, but if you’re selling later, drywall might boost appeal.

Please don't tell me I have a lack mentality.

Renting to the sorority could be a great way to boost cash flow and scale toward your goal of self-employment, but it does come with added risks—higher wear and tear, potential turnover issues, and the need for solid lease terms to protect yourself.If you’re comfortable managing those challenges, it could be a smart move.