There is nobody from the Texas Investors Club leadership associated with that group at all.  

Smaller = more horizontal leadership.

It's worth looking into the city leadership when investing in some of these towns.

Since it was not directed  at me as it had appeared,  it was very wrong of me to react as I did.My biggest frustration  was  that the comment that seemed so  insulting c appeared to to be coming from a position  of leadership  and trust.

Not saying one is better or worse, but on average, the leadership of REITs has far more experience than most syndicators. 

We have leadership that is pushing hard to bring in more people with large HOA developments being approved and 1/3 being 55 and over.

I’ve spoken to the local leadership who really likes our product but haven’t found any way to accelerate the timeline.I totally agree on remaining focused and diligent on screening tenants, even if they are Section 8 - it is still critical.

And than going a level deeper each specific location has different leadership that varies things, and then teams within those locations. 

ensuring the condominium was properly created, the condo association has competent leadership & is properly funded, the condominium has strong declarations/rules/regulations that are enforced, etc. are important due diligence questions. 

After that, it's a guess, but I think things will swing back around to this part of the country at some point.This part of the country suffers from high taxes and over-regulation, and demographically people (especially older people) and companies have been moving to other parts of the country, as you noted.I think it will take a lot of time, and a change in political leadership (probably several changes) for there to be a will to make our part of the country competitive again, for the tax burden to businesses and individuals, but I think it will eventually happen.There could also be some change that we can't even foresee yet, for example maybe in 15-20 years climate change makes the southern part of the U.S. a lot less desirable than it is currently, making the Northeast look better in relative terms, right around the same time (hopefully) we get new political leadership which tries to lure individuals and businesses back from other parts of the country.It's hard to predict that far out into the future, but again, things tend to happen in cycles, so while I would never recommend anyone move to the Northeast right now, if you have to be here for some other reason (e.g., family), I think the trend will eventually swing back in the Northeast's favor.