Funny part is they did this during covid and there's a law stating 4 to 6 years statue of limitations but the judge in Harris County has ruled in favor of Yellowfin.

So as others have stated experience is definitely a key factor but I feel like across all of these experiences there are a number of inefficiencies at play.However the fact that no investors have responded to my post indicates perhaps I've just had really bad luck.

I'd like some reviews on property management companies in these cities as that will be a big deciding factor for me since I will be an out of state investor and this will be my first investment!

Like @Matthew Paul says, the Contractor should always provide a State-specific Contract - for his own sake if nothing else.

I need some advice on the following situation.I am sorry for asking such a basic question, but unfortunately, I am still new to this and never dealt with this type of scenario before.I have a single family home that is part of an HOA.My main goal is to protect the asset and avoid any potential financial loss as much as possible.The current lease agreement states that the tenants are responsible for mowing the grass.They are also responsible for paying any HOA fines, etcUnfortunately after multiple attempts to get through to them to cut the grass, the grass was never cut and the yard is getting worst and worst.They also refuse to turn on the sprinkler system which is causing the grass to slowly die.

As you stated - it's one of the most expensive. 

To state RE investing is a good investment or bad without analyzing the underwriting is not possible.  

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $160,000

Cash invested: $52,000

Sale price: $240,000

BRRRR
Used OPM

How did you find this deal and ho...

Ohio is a landlord friendly state.