Overall we have vastly more “good” tenants, and the law allows you to get rid of the bad tenants and maintain a desirable place to live for the good tenants who you want to keep.High-maintenance <=> High-Return: Those prior two points drive what I meant when I said the cash flows and NOI should be about double what they are on a “vanilla” MF (multi-family) purchase at the same price point, but it can be a high-maintenance proposition to manage the screening on the front end, the day-to-day management issues, the more frequent turnover and vacancies, and the frequency of needed court filings to get the keys back from a tenant when somebody is not being a good neighbor to your other tenants in the lodging house.Bottom line: We think we were right on point five years ago when we identified that SROs fill a critical niche that is in extremely high demand.

Yes I paid for it and it cost me more than having to manage but I put a lot of value to time and family.You are also correct, depending on the type of property if investing in rentals, there are things that happen during the day that cannot wait until the weekend.

Is that correct?

If I recall correctly, both had long-term, seller-carried notes at fixed interest rates.

They have a wholesalers package that they charge for but it will have all the information that you will need to wholesale correctly. https://hockertitle.com/

(Doing this correctly, you’ll be able to get a deep tax deduction) 

Your suggestion if I understand correctly after googling the terms, is too look into county owned properties or lots?

If I remember correctly a couple of murders and maybe a couple of big trafficking cases.I think I would pick one of the smaller towns around Plano that might be more friendly or even embrace it.

Helps maintain a steady flow of buyers and sellers in a competitive market.

Correct.