The climate is also another positive factor.

One perk of owning vacation rentals in a sunny climate is that you can fly over to visit them, especially in the winter. : )Thanks for serving.

Most windows in humid climates will always have some mold but again it's not dangerous.

What can they tell you about the current business climate?

This also indicates a contrarian view for me, as I am hesitant to invest where all the action is and property values have already risne substantially.1)Employmenta)good current employment situationb)regulatory and tax climate attractive for businesses to invest in and create jobsc)workforce to attract business investment2)Populationa)education facilitiesb)competent local leadershipc)weather - "Sun Belt" trend 3)Investment analysisa)good tenants, low crimeb)affordable housing and rentsc)low taxes - cost of ownershipd) sufficient cash flow and ROIAs Finexaminer mentioned in another post, you must start with a macro view of trends, determine areas to focus on and move closer in your analysis for a more finite view of particular areas and neighborhoods and specific properties therein.Such analysis will make you realize why places like Colorado springs have grown tremendously.

In a world where houses stay on the market longer than a weekend people might bother with an offer 20% below asking, but in the current Central Texas climate most of us don't have the time or energy to deal with the less serious offers.

While rare to be acted upon, especially on a performing note, it's nevertheless a possibility - and in a climate of raising interest rates (when the bank might think they can lend that money for higher profit) that probability increases.

How is the real estate climate there?

BRRRR in my opinion is not much of an option in the current climate.

In colder climates that was a common solution to freezing issues.