Many REITs continue to make acquisitions on an ongoing basis.

My question is what type of lease terms work best to minimize vacancy and minimize the need to continually ask current tenants if they are planning on extending / renewing a lease. 

They'll just let the damage continue and say they never noticed the issue.

I would consult with a 1031 exchange expert on this, as they will provide you with the most accurate knowledge needed to make the best decision (assuming you go that route).Good luck!

For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.

Hi Ian,I have plenty of investors who flip or rent in Sherman/Denison it is a great spot that will continue to grow as DFW grows north with the likes of Prosper/Celina.

Magnolia has an incredible restaurant in another part of Waco, they bought a historic hotel that they are currently renovating, they bought an actual castle in the heart of the city that they are currently renovating, they own one of the largest real estate brokerage firms in the city that continues to serve the real estate market, and they themselves own several Magnolia short term rental properties that tourists can rent nightly to have the full Magnolia experience.

I wouldnt do a quitclaim deed but Im not an expert on the topic - I believe its best to go with an attorney or a title company.

I've walked in on Squatters, High school kids, former tenants, some rather angry Racoons, Stray Dogs and even one unhappy Deer.Even though I always knock, shout out throughout the house that I am there and who I am, try to keep an open escape route and continue to call out as I go.

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