Real estate is a rollercoaster of a ride and if you're in it long enough, you will see it all.If you diversify your revenue stream with 5 properties making up your ROI as opposed to just in one, now all of a sudden "that one" vacant property has a far less significance on your bottomline.I always tell me investors that the party starts after property #7 as that is when you start replacing the national income average through cashflow generated by your portfolio.Why cash only? 

Hello BP Nation,I'd like to setup an LLC for my rental properties.

Single-family home sales fell 5.8 percent year-over-year, with 6,548 units sold;Days on Market (DOM) for single-family homes was 52 days;Total property sales declined 4.4 percent, with 7,842 units sold;Total dollar volume was down 3.5 percent to $2.2 billion;The single-family home median price edged up 0.2 percent to $232,500, a September high;The single-family home average price also achieved a September record, rising 1.7 percent to $295,765;Single-family homes months of inventory was at a 4.0-months supply, up fractionally from 3.9 months last September and slightly below the national supply of 4.3 months reported by NAR;Townhome/condominium sales fell 6.1 percent, with the average price down 6.6 percent to $191,967 and the median price unchanged at $159,450;Leases of single-family homes dropped 35.4 percent with the average rent down 4.0 percent to $1,812;Volume of townhome/condominium leases plunged 44.5 percent with the average rent down 1.0 percent to $1,584.https://www.har.com/content/newsroom?

Just a tad longer (nationally). 

What wasn't mentioned is there are several cities in the state like San Marcos which requires a general contractor to pass the national ICC's contractor exam which can be taken at numerous testing facilities and is similar to the licensing requirement in a lot of other states.

PricewaterhouseCoopers and the Urban Land Institute ranked 78 US Real Estate markets for overall prospects in 2019.Dallas-Fort Worth has been named the top real estate market to watch in 2019Why Dallas…Low cost of livingLow cost of doing businessTax efficiency Population growth rate is projected to be more than two times the national average in 2019.Top 10Dallas/Fort Worth, TXBrooklyn, NYRaleigh-Durham, NCOrlando, FLNashville, TNAustin, TXBoston, MADenver, COCharlotte, NCTampa, FLDetail Reporthttps://ulidigitalmarketing.blob.core.windows.net/...

They have investors who invest all over the nation giving their opinion and that opinion may be spot on where they invest and completely wrong in other places. 

I always suggest Jeff Laird, Fidelity National Title.   

I have a letter of commitment for purchase of the existing house at 130k and a national builder that's wants the five remaining lots at 33k each.

For the past 1.5 years I've been working as an Estimator for a "Selective Interior Demolition" Subcontractor to major General Contractors, both local and national.