A couple pieces of advice coming from someone a 20yo going through the same process of getting a license, trying to learn about different real estate strategies, and being a college student athlete. 1.

Family says he is out of danger, but a long long road to recovery and several surgeries to go.

However, I have narrowed my search to Houston, Texas for both potentials for economic growth as evidenced by the increased location of over 15 Fortune 500 companies having their head offices in Houston and the fast recovery of the real estate market after the recession.

Actually, the Detroit area for example yielded an average 18% appreciation + 17% average cap rate for the past 12 months; That's a combined 35% over the year, and the market still has a long way to go given the ridiculous price to income ratio and price per sqft, and the demographics and economy are steadily recovering since the past 5 yearsOn the other hand the LA market gained about 8% and an average rental yield of 6%; the market is grossly overpriced and incomes aren't growingSmart investors should head were recovery is underway and distressed assets are, not where the hype is

They've had the keys for 9 days, the property is basically brand new move in ready, but they don't even have it listed yet.So who do you recommend I work with to manage my property assuming PRS doesn't make a swift recovery?  

That said, I wouldn't do it without him because these guys are in recovery and they relapse and they cannot stay if they aren't clean and sober.  

They were lagging the rest of the state in the recovery.

What do you think of his response to this is not a real economic recovery?

That and the doom and gloomers are going mainstreamhttp://www.bloomberg.com/news/2011-04-16/texas-university-takes-cue-from-kyle-bass-to-hold-1-billion-in-gold-bars.htmlIt is what it is, and there are valid points on all sides, including the "We're in recovery" side.

You should know if you qualified them properly in the beginning.Having said that the courts can award the judgement but it is the landlords responsibility to enforce it.You can file a FIFA to put on each tenants credit.If they have credit worth anything but with a judgement and that long of non-payment I am guessing not.You can hire a collection company to harass them but that is usually a bunch of bark and no bite.You can hire an attorney but that gets expensive and all they will do is what I am going to say next.You can either use a judgement recovery service directly OR you can file an action yourself for bank levy or wage garnishment from their jobs.The wage garnishment can only take a certain percentage each week of their income and if they are below poverty guidelines for the federal government you cannot garnish at all.If most of the income is social security,pension,then you can't garnish protected funds.Ultimately the debtor can file bankruptcy and wipe out your judgement.When you file the action to garnish wages they might settle with a mediator in court with you.You can always sell the debt to a judgement company for 20 cents on the dollar and get the cash and move on.The judgement company will research first to see if the debtors are judgement proof or are likely to recover anything.If they are judgement proof they will not buy upfront.You can have the judgement company do all the work and you split profits with them 50/50.The down side is the payouts are small over time and take a long time to get payment and it's not closed.I would much rather move on and get the money now.Laws vary by state.PENNSYLVANIA Judgment Enforcement, Pennsylvania Interest Rates: Judgment: 6%.