Since Waco is running 6 years behind the rest of the country and with millions of people now moving to Texas, we know what to expect for Waco's future in the next 6+ years and THAT is what makes Waco one the most attractive real estate markets in the country today.                                                                                                                               

Though, the HVAC has reached its life expectancy per inspection report - It was recommended that it gets serviced and clean.

It might require a realignment of expectations.

For quality options, expect $2.5-5 per sf.Click-Lock vs.

So far, it has delivered on expectations.

How else do you expect them to make money to stay in business?

I have to expect we're in for a correction sooner or later given how long it's had a bull run (other than covid and the brief really shallow "recession" we had in 2022).But its returns will almost certainly be better than 6.5% over the long haul.

Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.

Wouldn't you expect that of any tax professional you engage? 

@Kyle Deboer if you reach out to 1000 owners, you can expect 30 to respond and 3 to be actually thinking about selling.