I'm curious if the downturn in the oil and gas sector has started to affect the real estate market in the Houston area.

In a simple *conceputal only* example, say your s-corp consistently generates 100k a year, and you decide it will invest in an oil and gas rig.

My previous W2 was the lead over very time-sensitive, high value maintenance projects on Offshore oil rig (subsea department) where the extremely remote environment requires perfect planning(middle of ocean) .

I work “paid” on my days off from my offshore oil production job.

The old lady in the other half would run out and tell anyone looking at it that it was condemned, oil leaks, etc.. to scare away a buyer who would rent it out to bad neighbor tenants.

Landon, you've brought some appreciable Whitt to this post.While OKC does epitomize cheap in every way (from home values in some pockets of town to the mindset of every. single. person walking around without an Oil job), I agree with you that it's a pretty solid place to invest.It's entertaining to me how number 4 seems to be a causal factor in #1,2, 5, and possibly #10, too.#1 is a causal factor in #7 and #9.

There's a paint shortage, can't even get satin oil right now.

I have a four plex that runs on oil that heats the entire building.

Bleach binds with the oils the body secretes and causes the yellowing.

The closest to that is environmental coverage for Underground Tanks (normally gasoline or oil).