The Water Department still asks for the affidavit because they don't consider 'equitable title' ownership unless it's 'legal title'.....so I'm wondering if I can specify timely payments of the water bill in the LC as part of the performance of the contract (or would you recommend I put the water bill in my name on a Land Contract situation too?)

First, we performed a thorough cleanup and made minor repairs, spending $2,500 to enhance the property's appeal.

How did stocks and bonds perform vs?     

To continue your journey, stay curious, network with other investors, analyze the Houston real estate market, manage your finances, evaluate property performance, and manage risks.

As long as the property is in good shape and is able to market itself in the event of a vacancy, then I think you've got a stable, good performing asset. 

I suspect your Walnut Creek unit to have performed far better than my worse appreciating property.  

RE performed outstanding from 2011 to 2021.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Also to document and support a future suit for specific performance. 

I haven't seen one apartment deal work. most are covered land plays for redevelopment. you can buy performing assets that sit on plots of land that can be upzoned.