Dangerous part for you buying in Austin is the deadline, you have 45 days to make your list of targeted properties and 180 days to close and you can only buy what's on the list...

Renters will have fewer choices and will be less likely to qualify because of their non-payment history and the fact that larger corporations actually know how to screen risky renters.Any time government fixes something, it's guaranteed to cost far more than it should and is unlikely to succeed. 

Along with that, traditional banks and lender will never be proponents of this because they really see it as dangerous to their business.

Each are capable of stopping some particles, but the truth is the number of particles they stop are much, much fewer than those they do not stop.

Our discussion was mostly in agreement with what you have stated; however, he cautioned me about the dangers in starting a partnership.

@Bryan Danger thanks for the reply.

There are fewer and fewer properties these days.

But yeah, without knowing the comps it can be dangerous.

You have already seen the dangers and expenses involved in choosing a tenant too quickly or rashly.   

My tenants have auto-pay set up, so there's little for them to worry about and I see fewer late payments on my end.