It still can attract quality tenants while cash flowing monthly.

Is the tenant quality good? 

That is all about your experience, skillset, and appetite for risk, as well as the quality of your renovations.

Some of their resources are more pricey than others but they are all quality.

Americans are spending there $ toward quality of experience more than ever. 

@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I’m Nate from Lead Flow Realty, and I wanted to share how we can support your real estate efforts in Texas.We specialize in generating high-quality leads for investors and agents across all 50 states, including Texas.

Like you mentioned , the prices are going down because a lot of people thought you could just buy a property and slap it on airbnb , expecting it to rent well without doing improvements , not realizing that the market would be overstaturated with " C and D " quality properties ( A+ are the properties i'm speaking of)I'm seeing that you can buy those type properties( A+ potential) that have simply been under utilized and 1.

In Nancy’s opinion, this care model, combined with the social capital of a cohousing community when properly supported with trained staff can result in quality care.

I wonder if rent control laws will be easing anytime soon in this city - other than capping rent prices, I don't think they do anything to help improve the quality of rentals.