I am looking into the Texas market and don't want to spend two plus years searching for a single deal because i have an unrealistic expectation for returns. 7%+ cap rate is what i'm using as a benchmark.

You may not be able to get as much house for the same amount of money if you decide to buy another rental in the future but if you do your research and spend time searching you can still find good deals for similar properties.

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

Are you planning to evict your tenant?

I'm looking forward to spending time there because it reminds me of a vacation spot at https://santafe-vacationrentals.com/airbnb-santa-fe/.

I might just spend the extra buck per SF and move to an engineered hardwood product, now that I can't find the $.99 alure any more, the difference isn't as big.

My plan is to make it rentable and really just give him the profit minus vacancy and my expenses from the HELOC I am taking to make the repairs.

I would plan for 25-35% depending on whether or not credit has been established.  

The quick turnaround required precise coordination and efficient execution, highlighting the importance of strategic planning.

Tisch Center of Hospitality, has released a series of CapEx studies showing hotel capital expenditure spending has been half of pre-pandemic amounts in period 2020-2023.The impending debt crunch faced by commercial real estate over the next 18 months has also been widely reported.