I have a clothing business in NY and I'm interested in purchasing a few houses to rent out.

You literally could not see the floor ANYWHERE in the house because of all the clothes, beer cans, trash, dog feces, etc.

The math works.PLUS, apartment renters in this strata in Houston, (can't speak for other TX cities) IN GENERAL would rather spend their money NOT on a SFR, but on a NEW CAR, CLOTHES, etc. to keep up with Jones', when in fact they are entrenching themselves to become perpetual renters.

If tenants want cloth floor coverings tell them to use throw rugs.

I can't speak for others, but I would never pay retail pricing...The benefits my contractors get from me:- They get recurring business from me, thus cutting down their marketing costs and reducing down-time- They get referrals to other investors, thus increasing their income, cutting their marketing costs and reducing their down-time- My houses are vacant, so there is less headache with rehab tasks- My scheduling is done such that contractors don't need to put down clothes on floors and don't need to do any major cleaning when they're done (we bring in cleaners at the end)- I pay consistently and immediately and contractors never have to wonder if they'll get paid- I am a great reference for my contractors when they need one for other clients.

Those 2 dorks that show up in matching cars and clothes.

Turns out the buyer was the head of a non profit that disburses clothing and furniture to the needy.

There seems to be an unusually high presence of individuals who are people of "the cloth" who live around that area of town. 

I started running a clothing brand and learned a lot from my venture.

It has exceeded it's useful life and it is so much easier to replace it now, rather than waiting until it has leaked and ruined a tenant's clothes (water heater is in a closet).