I work with several Investors who are out of state and out of country.

I was reading your posts and I noticed you have several properties.

Returning to Bigger Pockets several years later after I first became a member, so it's like starting all over again. 

If I missed something, apologies in advance for the repetition.I have several 1 bedroom rental investments that have been doing well.  

For purposes of this section, the following terms have the meanings given:(1) "court official" means a judge, referee, court administrator, prosecutor, probation officer, or victim's advocate, whether employed by or under contract with the court, who is authorized to act on behalf of the court;(2) "qualified third party" means a person, acting in an official capacity, who has had in-person contact with the tenant and is:(i) a licensed health care professional operating within the scope of the license;(ii) a domestic abuse advocate, as that term is defined in section 595.02, subdivision 1, paragraph (l); or(iii) a sexual assault counselor, as that term is defined in section 595.02, subdivision 1, paragraph (k);(3) "qualifying document" means:(i) a valid order for protection issued under chapter 518B;(ii) a no contact order currently in effect, issued under section 629.75 or chapter 609;(iii) a writing produced and signed by a court official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known;(iv) a writing produced and signed by a city, county, state, or tribal law enforcement official, acting in an official capacity, documenting that the tenant or authorized occupant is a victim of domestic abuse, as that term is defined under section 518B.01, subdivision 2, criminal sexual conduct, under sections 609.342 to 609.3451, or stalking, as that term is defined under section 609.749, subdivision 1, and naming the perpetrator, if known; or(v) a statement by a qualified third party, in the following form:STATEMENT BY QUALIFIED THIRD PARTYI, ....................

I used to have several units on S8 here in Houston.

Like I said earlier, using a hard money loan at 12% interest with several points is a risky endeavor.

As such, many have separated the electrical, but kept the original water and gas service.We've overcome this in several ways to end up with strong numbers, but they've all involved charging above-market rents.By the room leases—A 2b/1b apartment that could get $900 to a family is rented at $600/rm to students.Furnished apartments—People understand they're paying above market rent for an all-in place to stay. 

I've helped several clients purchase condos in Scottsdale in communities that explicitly ALLOW short term rentals per the CCRs.

Obviously this will reduce my holding costs and interest carry, but has several potential negative outcomes and risks.