DallasPros: Diversified economyCons: More natural disaster - TornadosHoustonPros: Port CityCons: More oil dependent

You have very little natural lighting, so you should try to add additional lighting.To make it lighter and brighter, change the lighting something that has more bulbs and bulbs with higher wattage (ex. 100w). 

I think if I started one today I would be much better at it but I certainly wouldn't find it to be a natural calling.Ken McElroy started in Property management so it was natural for him to form a large company that is great at property management.You might also look into @Gino Barbaro and their podcast. 

Given the slightly sketchy nature of the seller, you might even insist that he pay for your title insurance and the costs of having the title company handle the transaction.

But like everyone here has stated, you will be glad you did the hardwoods over carpet due to the very nature of rental property.

The following activities of a foreign limited liability company do NOT constitute transacting business within the meaning of the New Mexico Limited Liability Company Act:a. maintaining, defending or settling any proceeding;c. maintaining bank accounts;e. selling through independent contractors;f. soliciting or obtaining orders whether by mail or through employees or agents or otherwise, if the orders require acceptance outside New Mexico before they become contracts;g. creating as borrower or lender or acquiring indebtedness or mortgages or other security interests in real or personal property;h. securing or collecting debts or enforcing rights in property securing debts;i. investing in or acquiring, in transactions outside New Mexico, royalties and other nonoperating mineral interests; executing division orders, contracts of sale and other instruments incidental tothe ownership of such nonoperating mineral interests; and, in general, owning, without more, real or personal property; j. conducting an isolated transaction that is completed within thirty days and that is not one in the course of repeated transactions of a like nature; ------------Nor shall a foreign limited liability company be considered to be transacting business in New Mexico solely because it:1) owns a controlling interest in a corporation or a foreign corporation that transacts business in New Mexico;2) is a limited partner of a limited partnership or foreign limited partnership that is transacting business in New Mexico; or3) is a member or manager of a limited liability company or foreign limited liability company that is transacting business in New Mexico. ----------------------------------------* as per note above:b. holding meetings of its members or carrying on any other activities concerning its internal affairs;d. maintaining offices or agencies for the transfer, exchange and registration of the foreign limited liability company’s own securities or interests or appointing and maintaining trustees or depositories with respect to those securities or interests;k. transacting business in interstate commerce"

I'll start.Real Estate - property comprised of land and the buildings on it as well as the natural resources of the land including uncultivated flora and fauna, farmed crops and livestock, water and minerals.

As landlords, we understand the added wear and tear, have adequate insurance, and thoroughly screen our tenants.  

It's going to look weird unless it's natural stone.

Maybe this is my cynical nature, but it seems to me this guy was arrested for talking honestly about what politicians do.