I emphasize that word reasonable because it shows up a lot in the Texas Property Code.Be sure to keep all the receipts for expenses and an accurate log of your time.

I emphasize proper care with tenants at lease start and inspections.

Hi Madeleine, I suggest taking a look at this informative article about OOS (Out-of-State) investing, which emphasizes the significance of establishing your core team of professionals. 

Emphasize your strengths- accounting background, investment , buy and hold, short sales, rehabbing (I read your profile- you may be new as an agent but you seem to have plenty of relevant experience to offer).

Kill the two bedroom as the lead and emphasize "open floor plan", the adaptability of the space (here is where you can mention it can function as a two bed) and light and views. 

Let the seller know why you are lower than the asking price and make sure they understand.I graduated from college with a business degree that emphasized real estate.  

Can't emphasize enough the importance of knowing your numbers especially when it comes to this strategy.

@Shiva BhaskarGreat point, I always emphasize to investors to fly into any area they are going to invest.

I've decided to start Year 2 of the Real Life of a Real Estate Investor in a separate forum thread - emphasizing the $1M in 12 months goal.Here is Year 2, Week #1:http://www.biggerpockets.com/forums/223/topics/183...

I can't emphasize enough how Account Closed pointed out, the state is diverse, but still has many areas at least partially dependent on oil.