https://www.har.com/content/newsroom/Houston Real Estate Highlights in October Single-family home sales increased 4.7 percent year-over-year, with 6,716 units sold;Days on Market (DOM) for single-family homes was 57 versus 61 a year earlier;Total property sales rose 6.0 percent, with 8,127 units sold;Total dollar volume jumped 9.3 percent to $2.3 billion;The single-family home median price climbed 3.6 percent to $234,653, an October high;The single-family home average price also achieved an October record, rising 3.5 percent to $294,500;Single-family homes months of inventory reached a 3.9-months supply, up fractionally from 3.7 months last October, but below the national supply of 4.4 months reported by NAR;Townhome/condominium sales dropped 2.9 percent, with the average price up 4.9 percent to $206,838 and the median price down 2.2 percent at $152,900;Leases of single-family homes rose 7.3 percent with the average rent down 1.1 percent to $1,754;Volume of townhome/condominium leases fell 6.8 percent with the average rent up 1.2 percent to $1,550.

Very relaxing at a fraction of the cost. 

Single-family home sales fell 5.8 percent year-over-year, with 6,548 units sold;Days on Market (DOM) for single-family homes was 52 days;Total property sales declined 4.4 percent, with 7,842 units sold;Total dollar volume was down 3.5 percent to $2.2 billion;The single-family home median price edged up 0.2 percent to $232,500, a September high;The single-family home average price also achieved a September record, rising 1.7 percent to $295,765;Single-family homes months of inventory was at a 4.0-months supply, up fractionally from 3.9 months last September and slightly below the national supply of 4.3 months reported by NAR;Townhome/condominium sales fell 6.1 percent, with the average price down 6.6 percent to $191,967 and the median price unchanged at $159,450;Leases of single-family homes dropped 35.4 percent with the average rent down 4.0 percent to $1,812;Volume of townhome/condominium leases plunged 44.5 percent with the average rent down 1.0 percent to $1,584.https://www.har.com/content/newsroom?

Once the rentals are free and clear then 1031 them into passive cash flowing 1031 compliant properties - either properties you buy with good management in place, or full or fractional NNN properties with strong commercial leases in place guaranteed by national tenants. 

I will appreciate all of you who will spare a minute of your day to answer my questions and share a fractIon of your wisdom with me.

The amounts these homes would command as long-term rentals is a small fraction of their current income.

If it doesn't stipulate the provisions for breaking the lease, you know it needs to be in there for next time.If things have been going smoothly and friendly, consider returning some pro-rated fraction of the deposit.Most importantly, you probably need the advice of a competent RE attorney ...

That's not a ton, compared to CA and NV and NY and FL, but it also doesn't lose much, if any, when things go south.Also we really don't have a ton of supply around here, as the big building uptick has been only fraction of what they used to be.  

You can still find cash flowing properties for a fraction of the price you'd find elsewhere in California.

I may have an opportunity to attain a commercial pilot's licence at a fraction of the normal cost (It would still cost me everything I've saved) by learning from a friend in Texas.