But the resell market remains positive.

@Nick BednarczykI think people also need to understand that fed rates are not directly correlated to mortgage ratesMortgage rates are more in line with the 10 year treasury which could remain high if we continue to spend money like a drunken sailor

By adopting these strategies, investors and property managers can navigate the complexities of the CRE market, ensuring their investments remain resilient and profitable in the long run.

It's crucial to remain objective and not get involved in their personal disputes.

Tutorials  emphasize the need to do due diligence on all the following:--check for taxes and liens against the property--find out which taxes and liens, if any, will remain attached to the property--make sure it is a buildable lot--to do above, you need to establish how the lot is classified for code purposes, and access the lot specifications, minimums the lot must meet for construction to be allowed--you further need to find out what its sewage situation is because 1) municipalities have different lot minimum specification for lots with public sewage and lots with septic; and 2) if the lot will require the construction of a septic tank, you need to take that into account in your decision.

Purchase was $134k and it has fully depreciated after 27.5 years.Second unit is a $350k listing with a $45k mortgage remaining.

If they want to remain in the home, you can then force them to sign for a rental increase.

@Jack HonrothWhile the MLS remains the largest platform for property searches, it shouldn't be your sole resource.

You remain a bit tethered, but control the narrative.As far as improvement after the closing... 

If the lease doesn't address this, then you fall back on the law.According to the law in Texas, the tenant remains responsible for the terms of the lease until a replacement tenant is found.