(online payment, venmo, cash/check, etc).Please provide proof of utilities paid on time and in good standing for water/sewer and trash/recycling.Are there any unresolved tenant disputes, outstanding repair requests, or complaints from any existing tenants?

To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.

Locations with a strong job market tend to attract more renters and buyers, which can lead to higher property values and rental income.Accessibility to TransportationThe accessibility of a location to transportation, such as highways, public transit, and airports, can impact the desirability of a property.

As long as appreciation and pricing pushes investors out of Boston to other tenant heavy areas that have job growth or easy access to highways/transport it will likely continue to improve.Very similar to the growth/improvement of Worcester from what Worcester looked like ~10+ years ago.

His closing costs and outstanding mortgage would be deducted from his proceeds, let's estimate that he walks away with If $175k.

That's highway robbery!

We have outstanding occupancy (in the high 90%) at a rate that is basically the same as LTR.  

It's pointless to ask "what-if-I-fall" because you will 100%, I guarantee you WILL make mistakes, there will be failings, and as long as you mitigate them into a safe setting so they are survivable ones, like learning to ride a bike in a lawn vs out on a highway, or in REI using an experienced REI Realtor/Consultant and experienced PM's vs on own for everything, your going to get through it and be all the better for the experience. 

Even if a property is 3 miles away, you will notice price difference if it falls on the other side of the highway for example.

I used to work near SW Military and New Laredo highway in a low income area and absolutely loved it.