If the recession is long and deep you may realize some pressures to lower rents but if that happens then I'm not sure where you could invest that would survive that type of recession.  

Surviving Hurricane Harvey Dispatch #4.

Add to that the building was built in 1900 (it survived the 1906 earthquake) and it was becoming a significant constant money pit because on-going maintenance required. 

Hi @Melissa Harris, so I might have missed this but what did you factor in to get your "monthly expenses", and what is the "cash needed" for?

@Cleed Harris Happy to connect with you.

We have a design in the bedrooms of one of the rentals that was 75 cents/sf, and it has a design in it and has survived 3 or 4 tenant changeovers and still looks brand new. 

May turn out to be a not-so-great deal after the bidders get to it.I'm hopeful for your sake it's a great deal.I don't know the nuances of Harris County Sheriff sales, but I'm sure someone else here does.  

I'm wondering if the homes that survived the hurricane become more desirable in these situations or if values come down on all RE regardless?

CST. (1) Read MoreIm pulling all the data for Harris County but planned on Fort Worth or Dallas in the near future

@Thomas Harr I purchase 3-5 properties a month at tax sales, the MLS and my network of other investors.