The question whether it's worth taking the risk or not is a question of personal risk tolerance.

@Filipp Nesterov - Everyone needs to do their own due diligence, find their own risk tolerance, and make the decision that is the best fit for their scenario. 

One common question is whether landlords need to set up a separate LLC for each of their properties, versus one for their entire portfolio.There’s no wrong answer here — but your decision will depend on your risk tolerance.

Based on my risk tolerance I'm personally not a fan of hard money or partnerships.

Consider diversifying your options and exploring a couple of different areas to ensure you're making an informed decision based on your specific investment criteria.Ultimately, the "right" area depends on your investment goals, risk tolerance, and personal preferences.

If that's done, look at investments that fit for your 2024 barrier of entry but have the risk tolerance to hold for the next 15 years +.

Then I'd consider how much rain is tolerable vs colder winters. 

Edcouch Tx. is 25min away now but soon, the expansions that TxDot are doing will connect the two cities and the commute will be way more tolerable. 

If a person is taking on too much risk relative to their tolerance levels, then they are making a risky decision even if it's something as simple as investing in a CD.

Tell them you have a zero tolerance policy with guests for loud music or any neighbor disturbance.That's the kind of stuff they want to hear.