Texas is affordable, but we are seeing supply increase and demand decrease.Sales are down 8% YOY and average time on market is up 35% YOY.Prices the past 3 months have been slashed pretty substantially.Be safe, invest smart.

Stay safe out there!

If you are focused on getting multiple assets at once, consider this:1. you really don't have enough available capital to do this safely right now and you will buy cash flow properties with cap ex which you will need reserves for2. you need $15-20k in reserves for each property you buy so factor that in3. when you try to buy multiple properties to start, you end up missing the mark on your first one because you are collecting and not curating your portfolio

I work also in sales and my income is not stable so even more important to have safe ratio, I have some clients with very stable corporate jobs and they are able to use even more leverage and go more for high total return.

While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, and loss of safe drinking water than lasted for two weeks.  

We can sometimes find houses built in the 60s-80s with these ratios but never new construction and definitely not in safe locations.

What markets are best/safe for young family that will also have strong future/current rental potential.

***You'd want to make it worthwhile to foreclose and also be safe***If someone is an A Paper borrower just needing to close fast, some of my investors will go 75 LTV.You can also always feel more comfortable on a purchase rather than a refi, as people are bringing skin into the game, not trying to exit.

Since they haven't responded, you can safely assume the problem was resolved.2.

Can provide more info as needed.You may be able to expense if out if you qualify for Safe Harbour.