That came to an end eventually too and we started to focus on distressed condition properties (mold, foundation issues).

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Air Conditioning, if an city is hit or miss with A/C units does this play a large factor on rent and/or property values?

It just is harder or easier depending on market conditions (and investor deal flow).

They are in good condition but will need work as time goes on. 

CMHA may have specific standards on top of federal HQS, like the age or condition of certain appliances or windows.Like everyone is saying.

Every condition that is adverse in real estate has a positive side to it.

On some properties we still see multiple offers and some offers over asking price, especially if they are in decent condition and price is attractive.Depending on your hold timeframe, I'd look at places around the outskirts of DFW area. 

CONDITION OF PREMISES.

Consider reaching out to lenders that specialize in investment properties and can move quickly to capitalize on the current market conditions.