Hopefully Texas will follow suit so you will be prevented from taking advantage of more people.   

Might be something else in your contact that prevents renting, but a prohibition against assigning the contract does not. 

To prevent those items I suggest lots of tenant screening questions (back-round check, credit check, eviction search and income verification) and an annual maintenance plan on your properties. 

I have a cash flow goal for each door that should be more than enough to prevent going negative in the event something unforeseen happens.

Them keeping you more informed would have been nice but wouldn't have prevented that pipe from bursting.

Additionally, they reinvest cash from the equity in their rentals into other rentals / vehicles in order to maximize their return and prevent "dead equity" from "diminishing" their ROI.  

I think mounting it high on the wall would have prevented this from happening to me.

I'm still concerned, as a "verbal confirmation" certainly doesn't prevent things from changing, but we're hoping that if we move the closing process along swiftly that will put pressure on the sellers' end to move these people out ASAP.

They said that the Fair Housing Act prevents people from discriminating the tenants with dogs.

These puppies are likely to do a lot of damage so as soon as you can afford it I would get the tenant out and renovate to prevent further damage.