But beyond that, Texas offers consistent population growth and strong job markets, which create ongoing demand for housing and commercial spaces.

We still own property in Texas, and the pricing here for renovation and maintenance is consistently 1.8-2x what we pay in Houston and Central TX. 

Be consistent with your lead generation efforts.

(Less risk, more consistent cash flow, etc). 

We should have a lot less residential development being delivered in the next 1-4 years, which should shift the supply and demand for long-term residential and should have increased organic rent growth in the future as we saw from 2017-2020, but counting on that as an investment strategy probably isn't the best idea. 

Hi @Dennis Pulscher, I agree with @Kevin Sobilo - your best bet here is to deliver a 10 Day Demand Notice for non-payment. 

However, it's important for landlords to apply this question consistently to all applicants to avoid any mistaken appearance of discrimination. ~ Ran FRIDMAN PROPERTIES FAMILYI don't think you mean this literally, because treating everyone like family is a recipe for disaster!

I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM  who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.

I recently heard from my tenant about consistently high water bills—over $1,000 each month.

By using our agent and PMC as a resource we delivered a product that stands at the top of the market in the area, thus helping us secure our target rents and attract the best tenants for that area.2) Leveraging the Comps -> Using the comps report our agent sent us as a reference for the appraisal.