. :)Now, the CC&R's are totally valid and I believe the language is pretty clear on restrictions.

U dont ever have to sell the land you log at about 70 years or so then replant and hand it down.. 

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

What would life look like for you Josh if you did just 10 of these properties, in grand total, and stopped there.

So let's say hypothetically you can go up to 6% in seller credits, but your current total seller credits is 4.5%, you could increase your closing costs by 1.5% by buying down the rate.

I was nervous as well with my KCMO house (I know, totally different market but still) and I've had some hiccups but I really like section 8. 

On the other hand, I could hold on to the property with the thought that I can handle the expenses of keeping it, while continuing to pay off considerable equity and gaining appreciation for each year I hold on to the property.I would love to hear everyone's thoughts on what is the best option, as I have been having trouble making a decision given my limited knowledge and experience. 

I have started raising rents to market rent one unit at a time to avoid a total tenant turnover all at once.

Neither remote or 3rd party management will work...it will take local, hands on, full time management. 

We've limited down our options to a handful of places.