There were newly listed properties that were worth looking at and most often properties that had been listed for awhile. 

If you hate the process of placing tenants, it may be worth it to hire a property manager to handle tenant placement for you.I think finding a new tenant is a better long term strategy if you're confident you can find a higher quality tenant that will cause you fewer headaches.

I believe it is 27 years of depreciation that you hedge against any cash flow you received. 

Was it worth it? 

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

I filled up 4 dumpsters worth of trash, old carpet, furniture, and whatever other horrors the previous owners left behind.

My focus is shifting from cash flow to equity management as well as our portfolio mix.

Paid off real estate cash flows extremely well.

Additionally, the fact you might be negative cash flow in Texas will give you more flexibility by renting in Portland.  

The problem is mainly a concern for people with a net worth or reasonable income.