Your second call is to a real estate attourney bc again the nuance involved in filling out the forms is a pain in the *** + you need special legal sized paper with margins of a certain length - lol - I thought I had it all dialed in, brought it to the assessor's office (or whatever city, windowless room it was) and got pinged $85 for the wrong paper size. :) I am currently working on quit claiming our recent purchase into the LLC and after gathering most of the paperwork have just left a message with an attourney so I don't have to go through all those hoops again.

Builders have no incentive to build new stock of clean affordable housing because margins are slimmer and many cities are against that type of housing.  

As money  gets more expensive, it will tighten  up the profit  margins  of investors.

I have been considering getting my hvac certification cause of all the money I spend on a/c contractors.I suspect 5 years from now there are going to be a ton of motivated sellers trying to get out of all these low cap rate, marginal deals.

Sounds like the market has been giving you the answer ("no trouble renting them" and only a marginal rent increases as a result of the rehab)...  

It's honestly not worth the trouble and extra expenses on the marginal deals, not to me anyway.

In this scenario the owner collected marginally higher rent and probably had less maintenance responsibilities than a traditional rent agreement. 

Because we do it this way, we can sell the properties for a little over market value, we don’t have to pay realtor fees, we don’t have to pay concessions, and the tenant pays down our mortgage for a few years which increases the margin, and then we cash out.

Our house is in Spring, Tx and with the growth that's been going on in Houston, I really think the long term housing market is pretty solid.Monthly Expenses:Mortgage Payment - $1,042.85 (Includes P&I, Insurance, and Taxes)HOA Dues - $45Repairs/Maintenance - $257 (Roof, HVAC, and Water Heater are from 2016 - plumbing is all galvanized)Property Management -  $160Total Expenses - $1,504.85Estimated Rent - $1,600It's a pretty thin estimated monthly margin of $95.

The only reason I asked is that bringing in partners to the table will dilute the profit margin.