The challenge when renting directly to the government is that they expect below market rents.From what I've read in the past, most institutional investors look at these leases like US Treasury Bonds (extremely low risk) and expect a similar rate of return as bonds.Keep this in mind while you try to negotiate a rent increase.

When selling properties occupied it's a challenging task because your buyer pool is so limited to just investors.

The property must generate $5,712 ($9,037 - $3,325) more cash flow annually to compensate for the higher operating costs in Texas.Overhead costs have a large impact on cash flow.Property Price GrowthAccording to Zillow:Average San Antonio single Family home prices decreased by 2.9% YoY.Average Las Vegas single-family home prices increased by 6.5% YoY.San Antonio and Other Texas CitiesThe challenge with San Antonio's appreciation and rent growth is its unlimited room for expansion.

@Bill Alpert recommend you start a new post with a catchy Subject and share your challenges, so others can learn!

The market has its challenges, but if you dig deeper, you’ll find deals that align with different investment goals.It’s awesome that you’re looking at out-of-state markets like Birmingham and Montgomery.

Self-managing can be challenging or restricted, so be sure to factor that into your decision.

Renovations often come with unexpected challenges and expenses.

If they're not challenging you, or your personalities don't mesh, be prepared to give them honest feedback.

Hey everyone,I’ve been working in real estate for a little bit now, and like many of you, I’ve found that two big challenges keep coming up:Finding distressed or off-market properties before they get picked up by others.The time-consuming process of property analysis—especially when trying to figure out ROI, ARV, or repair costs quickly.I’m curious how you all are dealing with these issues.

@Benjamin Miller whether you have money or don't, your first challenge is researching what market to invest in and what property class.Then, even without money, you can still educate yourself about that market, so you really know what a "deal" looks like.