Federal Reserve Economic data generally show trends...Washington still looks like stable market...

To get technical, you will be going up against the Economic Substance Doctrine which states that a transaction has economic substance if: (1) the transaction changes in a meaningful way (apart from Federal income tax effects) the taxpayer’s economic position; and (2) the taxpayer has a substantial purpose (apart from Federal income tax effects) for entering into such transaction.By transferring your primary residence into a LLC, you would not be changing your economic position.

We have been investing in that area for the last 7 years and I have talked to a lot of UNT student that live even in the Corinth, Lake Dallas, Cross Roads, Little Elm area.UNT housing authority (can't reca the dept name at the moment) is actually on record as renting out local private housing to supplement its dorms...the net effect of that could be considered close to rent control...a situation that we originally considered but backed off after looking at the economic growth around the campus and true demographic we wanted to target.

So if the average is 95% I’d underwrite to 93%-94% (physical...economic is another story entirely).As to your second question—resident profile changes are a painful process.

Otherwise you could be stuck with significant economic vacancy (i.e.

Thinking of hiring cold callers from the Philippines because it’s more economical.

I mean as long as you use your noggen and things make economic sense you should be ok with thie strategy.

In our initial investigation we determined that we didn't want to invest locally since we live in a economically depressed area with limited employers, so we did the easiest thing and bought a turn-key property in Birmingham.

datafinder.com or REIskip.comdatafinder is cheaper at $0.06 USD per phone number and $0.04 USD per email$99 USD minimum order, so you might as well turn in a list of 1000+ names to best economize your data.REIskip.com is about $0.24 USD per number I have no idea about data quality ... also, google "data hygiene"  

I'm just not sure that it has huge growth potential and the economic outlook is sluggish.