The con would be hail damage to roofs, high property taxes, and foundation issues (the cost of repair is much lower than CA).

Wind/hail insurance (for hurricanes) is expensive. 

., - coverage for slow seepage and leakage (especially since tenants don't always report problems right away),- in our area (Houston and the gulf coast) you also want to consider the pros and cons of a 1% vs 2% deductible for wind and hail claims. 

It had been empty since it was purchased in 2017 as the owner purchased the home for his father and made updates (new HVAC/water heater, bathroom fixtures, flooring, kitchen, also a new roof was put on in April due to hail damage).

Newbie hailing from south TX, in the corpus Christi region.

All hail monkey!

A hail storm blows through and five of your rentals need a new roof at $7,000 each.Total cost: $35,000Subtract $1,000 deductible for each house ($5,000 total) which means you need $30,000 to replace the five roofs.Replacement cost insurance pays the full $30,000.

Opp zones are a great Hail Mary if something goes wrong with your 1031 exchange or you can’t find a property you like!

Watch for hail Damage and insurance costs.Don’t spend to much time on things like forming llcs or trying to think of the best strategy.

It's easier to sleep when a hail storm is rolling through the area, as I am only responsible for "studs in".The newer age of the units has provided very few maintenence requests and the neighborhoods attract very good neighbors and have a great school district.All that being said, my CoC returns leave some to be desired (7.xx%), but I have had great returns on appreciation with the areas boom.