The building appears to be in a fairly large industrial pocket and I read that Arlington is home to the largest business park in North Texas so I'm wondering if the truth is there is too much available for rent and not enough demand?

There were other concerning items like a hardwired smoke alarm taken down, the new fridge handle that I had purchased ($60) was not on the fridge, and there was fallen paint and a large water stain on the kitchen ceiling (2 baths and wash/dryer above that area).

Just like what you have accomplished is to be commended and emulated.right now going into a cycle were real estate is pausing a bit in some markets.. little to no debt is a very nice feeling.But most cant do it these days because they must have debt to scale so there is a balance.. 

@Sandy G. congrats on your portfolio and scaling up.

And usually they're figuring that out just as they incurred a large liability and it's too late to change structures without dealing with the UFTA.

@Nat Chan I would terminate the agreement unless you will pay a large termination fee.

If some unscrupulous STR owners get socked with a large tax bill, they may be under duress to sell the property in order to pay the debt. 

That’s my thought process despite the fact having a large HELOC (in the negative) can be a bit overwhelming CheersEdison

Or do you want to be more hands off and make steady cash flow while building equity and have the ability to scale with big paydays on the back end? 

Already doing this with cash but would like to scale.