Having a trusted team in place can make or break deals as you scale and face unexpected challenges. 

If your in a market facing off against me as competition to lease a property..... good luck, your gonna need it. 

Generic, state specific leases are just that, generic and simply covering the bare minimum (if that).

Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America  as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.

Here are my key takeaways:Tenant Screening Matters: The challenges I faced with the garden unit tenants reinforced how critical it is to have a thorough screening process and not stray from your requirements.

Yes the average American income is barely $60,000 and most of people on bigger pockets make more than that and a lot of people make that much in a month. 

These would be bare rental units where tenant builds to suit or we could with appropriate rent charge.

I take all of that at face value because we do the same.  

Places like Texas where you’re at will likely continue to face significant insurance increases given more weather related events which makes it challenging To pencil, but if you have good population growth, things should even out.

However, we also recognize the time value of money, so while it might pencil out to turn a profit, but we get an immediate payback versus a six to nine month holding time, it might make more sense to sell them both as bare land.