If you continue to purchase for appreciation your money becomes stagnant with no guarantee the economy will allow for this type of appreciation in the future. 

This takes guts and is easier when the economy is horrible.

Nearly half of all Americans don't have $400 for an emergency.This lady should be inspiration for 'victims of the economy' to take action. 

“And because of Texas’ diverse economy, we are much more insulated against unforeseen macroeconomic events which might cause stronger economic headwinds in other areas of the country.”https://www.bizjournals.com/dallas/news/2018/05/07...

The 5th largest economy on the planet made solar mandatory on new construction!

Dan,A typical property management fee could range anywhere from 4-10% of gross rents (larger properties get the better rates due to the economy of scale) in addition to a per door bookkeeping fee, let's say $5/door.

However, I'm getting concerned with the state of the economy.

Or interest rates could go up much more sharply than people are predicting because the economy does fantastic.

The major pros to owning rental property in Austin mostly relate to the strength of the 21st century economy here.

Riskier markets would be more interesting to me when we're in recession, not as rates are rising and the economy is near full employment.