Quote from @Theresa Harris: I agree with Colleen.

@Theresa Harris I am not confident that they will have the rent going forward.

One was a Developer Harry Stinson, relativity well known in the Toronto area, hamilton, Detroit and Niagara (both america and Canada). he was pitching courses on how to become a developer and invest at the same time.

Hey @Bob Kane, great job with Batman btw. :)Also, have you taken the time to look at various areas on VRBO and AirBNB to see how many STRs there are, what they are charging and amenities?

At least that's how Harris County does it.

Quote from @Theresa Harris: My guess is the guests are either going through the water faster than it can be heated or they are used to exceptionally hot water. 

Most of the harris county properties at the price point (and a bit higher) its highly likely that you will end up getting an empty lot with a run down building which may or may be there by the time you make acquisition (i.e. city already sent notice and may demo it for you) ...i would take that 30K and find a rehab house and use hard money to buy and your funds to repair and refi to take all cash out and start renting .. 

Quote from @Theresa Harris: I have places in BC and AB and live in AB. 

Quote from @Theresa Harris: Did she have life insurance with the mortgage? 

Hey Harris, my advice to you is you need to start crawling before walking.