Their rents gets hit and here is the distinction between the average BP'er and Grant Cardone; he can weather the 8-12 month storm and/or reposition his assets with cash reserves, lines of credit, pooling cash flow ect.

The villages are one such story, where some scenic beauty, warm weather,low cost of living and a buffer from the hurricane blasted coasts will cause lots of retired folks to choose it. 

Hi Kyle,One thing that might help you zoom in on a particular market is the 2018 North American Multifamily Forecast report from Marcus & Millichap.

I believe if you pick your markets carefully, that over time you can weather anything.

The weather is finally starting to turn for the better here in southeastern NC.

My current townhouse has an HOA that covers the roof and front/back decks, so I also like how that is an expense I will have to do less forecasting for.

I would think your a slam dunk at a bank.. but Visio is for real.and your smart to know that there are all sorts of fake lenders on the internet.good place to start is to see if they are licensed and then look up their license.. also dont let the tax dog wag your tail.. sometimes its best just to take your cash pay cap gains at these historic low rates then to buy something that is not going to do much for you.and if you don't get the benefit of no state income tax in Texas i would be cautious with that state prop tax's and other weather issues. 

I guess my question is, do I keep the tenants, forgo the rehab for a while and collect the cash flow of around 225 a month and later on down the road decide weather or not to extend the lease and rehab then and find new tenants... 

Originally from San Marcos, TX I have been loving the Cali weather. 

If you are considering converting the garage it will depend on your local market, generally I don't think it is a good idea because people want a place to park their cars out of the weather.