People are buying properties over asking price with wild taxes, they are getting amazing rent but not sure how much cash flow.   

I read through the tenant landlord handbook online and it’s pretty wild how tenant friendly it is.

Here in my market, the landlord/tenant laws are tilted WILDLY in favor of the tenant, so I'm not a fan of buy & hold. 

They are wildly biased in favor of the tenant.In fact a "professional tenant" can tie you up for a year without paying a dime in rent. 

It’s wild to me that people are cashflowing off their first year in these cities with these numbers.

Bank isn't going to let you run wild with their money.

It is true the national news media paints an ugly picture of crime, abandoned houses, wild dogs in the streets, bankrupt cities and poisonous water.

Keeping in mind that I'm not a lawyer or legal professional and my advice should not be construed as legal advice of any kind:Whether you choose insurance, LLC, (or preferably both) as your asset protection strategy, I'm a firm believer in using a professional (i.e lawyer, insurance broker/agent, etc.) to help setup.Yes there's a cost (and as you've seen it varies wildly) - the cheapest is often not the best, but by no means is the most expensive great either; get a few quotes, see who you feel comfortable with and pull the trigger appropriately.My point is - you're putting in alot of effort, AND, alot of money (i.e your RE asset!)

I can't seem to find solid numbers - seems to vary wildly.

To those commenting from out of state, believe it or not many areas of Texas are still the wild Wild West and the answer would be no as there is no permitting authority.