I don’t think we will see 3% rates any time soon if you want me to be honest with you.

Investment Info:Single-family residence buy & hold investment.

@Kristin SolbachIs your primary residence in TX? 

Some other areas may attract influx of residents from other states who find triplex on very small lots attractive. where do I find that data?

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.

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.

My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome! 

Often times we have the vendor/contractor reach out to the resident to communicate directly on a time when they will be home to let them in.

I used to manage a few MH communities in Michigan and oversaw transferring of titles when our residents sold their homes. 

The rep also pushed that anyone in the program would be invited to Kris' personal residence in Utah and talk to him in person in a real estate meet up.