Click here On the other hand, you can hold properties for appreciation in more expensive cities, such as Boston, Watertown, Cambridge, Waltham if you are patient enough and plan to build wealth over the long run. 

This is critical for safety.

Katy and Richmond had many areas that you described, but for your rental, if you're looking for the highest rated schools, you might have to be patient.  

Any safety escalations concerning pets roaming in front and backyard of a shared building, impacting the neighbors' quiet enjoyment of their side of the property?

Should I just stick with the safety of the large lender? 

In the case of making extra mortgage payments, I still knew I had the money benefiting me for any future problems that might come along and would provide a wider safety net if my property for some reason stopped producing income for a longer period of time.

Or take the patient route and rent the unit again. 

Here are my thoughts:As you already know, I will pay for any repairs, which includes fixing or maintaining the condo to address safety issues, and/or functioning.

It payed off to be patient and it came to me at the right time.

You just gotta be patient and don't chase the deal that will get you in trouble.