There also seemed to be a lot more room to renegotiate management or purchase contracts versus residential where people tend to tell you things are set in stone. 

People tend to have short term memories.

People tend to stay in the city they were raised too.

But my personal experience is the newer companies tend to be the ones that pull out of Texas within a few years if not sooner.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

It seems you've been doing a ton research and like most out of state investors, they tend to be interested in Knoxville.

Corporate Veil: Courts tend to respect the corporate veil (the legal distinction between the LLC and its owners) more when the LLC is properly formed and operated in the state where the property is located, reducing the risk of personal liability.4.

Hello,I know this has been posted a few times, but as the landscape for these products tends to change frequently, is anyone aware of any lenders that are offering HELOCs on a rental property (duplex specifically) in Texas right now (Aug 2024)?

Longer/ Higher Prepayment Penalty Period tend to yield lower interest rates, but if you want to refi in a few years because you think rates will go down then you'll be better off avoiding the penalty and going with a lower PPP.

Am I alone in finding that in today's market, wholesalers tend to be able to bring properties at the same price points as you can find by shopping at foreclosure auctions?