If you are looking for a consistent performing STR assets then I would highly recommend Fort Morgan, Gulf Shores, Orange Beach, Perdido Key area along the AL/FL coastI have helped many recent investors find turnkeys properties as well as vacant lots for them to build STR new construction homes on.

To be exact a performance or surety bond.

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. 

It's worked because our values haven't changed, but our committment to each other has only grown.Multifamily is a team sport, especially as you get larger.

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

RE performed outstanding from 2011 to 2021.