Until the lease ends and then the legal notice time in your market has passed.

I'd recommend speaking with local specialists in your target market to look at multiple investment options side-to-side.Lastly, some of my clients have been encouraged to stay away from HELOCs unless they expect a lump sum (inheritance, sale of other asset, bonus, etc.) to pay off the HELOC in the next year or 2. 

Deeper pockets...maybe I should create that website name haha. 

There's currently a website set up to get information from customers that have had this contract "sleight of hand" done to them. 

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

Linda is a great gal and her magazine is a marketing piece for these type of business's.

Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)

The big issue is building a single small residential unit is the most expensive residential development.Here is a list of why adding a single ADU in single family zoned areas in my CA market is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

I help investors find opportunities in the NYC market, specializing in residential and commercial properties.

@Linda PhamAll our midterm rentals are in Colorado as are our clients, so I don't know Houston's market.