It won't make you immune to the negative impacts of a a correction, but you'll be in a much better position than anyone buying for appreciation or trying to time the market. 

Texas is (I won't say immune.) highly resistant to the bubble or boom-and-bust phenomenon that occurs in many of the larger markets.  

Land lords have become immune to it because of the high amount of them of the last few years but I would still be weary depending on the length of time since the short sale.

Potentially highly lucrative and almost immune to market downturns.

They know the issues and understand that the personal assets of the LLC members are immune and they can only get to the property itself and the assets of the LLC.Purchase as individual(s) and vest the title into the LLC after closing.

Are other Texas markets like Dallas, San Antonio more immune to oil and gas? 

Why is Denver immune to what every major city has displayed?

Even banks and credit unions are not immune.

There's lots of efforts by many to avoid an agent - - IMO, they earn their keep.Search results, you can BUY them from investor-friendly brokers and remain totally immune from the liability.

The Financial reits are immune to the crashing commodity prices we are seeing today, mortgages are secured and much healthier today due to rising property values than they were during our last mortgage melt down 8 years ago.