The state’s favorable business environment, reliable energy grid, and central location make it attractive for data-intensive companies like Google.Additionally, Verily Life Sciences, another Alphabet subsidiary, relocating its headquarters to Dallas is another testament to the region's growing appeal for tech and life sciences companies.

However, if you’re unsure about future property values due to the unique nature of the property, this could pose more risk.What You May Not Be Considering:Financing Flexibility: Using a HELOC for repairs is a solid plan, but make sure the loan terms are favorable and the rates are manageable over time, especially with interest rates fluctuating.Vacancy and Maintenance Costs: Once all units are rented, factor in potential vacancy periods and ongoing maintenance costs, especially with multiple units.In conclusion, while the repairs are a big expense, the strong rental income potential suggests it could be a good deal if you manage the rehab costs well.

We are making the waterfall split more favorable on AFAF1.

Similar to you, I wanted to find somewhere less expensive, still close to the Bay Area (drivable), but without the high property taxes, more favorable tenant/landlord laws, no state income tax, and consistent job/population growth. 

Our average online rating is 3.5/5, which is 60% higher than the 2.2 star average of traditional property managers.Sometimes we need to make a tough decision in favor of one side of the landlord-renter transaction and at a negative impact to the other side (i.e. deducting security deposits).

This is perfect if you’re using the BRRRR strategy and want to access equity sooner rather than later.Working with a lender that specializes in non-QM loans for foreign nationals can help you get favorable terms and streamline the process.

Section 8 in Toledo = Disaster...Just my opinion.They don't like us and talk $#@% in us so I'm returning the favor heheMuch success

Also was thinking about homeowner protection from bad tenant, are the laws more favorable for tenants in ca compared to tx etc any input would help.thanks 

For instance a zoning attorney or architect may be able to identify properties with favorable zoning or perhaps even change zoning  through a new zoning permit or a use change variance before the property is acquired.

If property values are stable or increasing, your strategy might be solid.Exit Strategy Since you plan to refinance in 12-18 months, consider what happens if interest rates don't drop or if refinancing terms aren't favorable at that time.Questions you might want to askAre there any zoning or regulatory issues with converting or renting the units as mid-term rentals?