If it’s a homestead, it’s a two-year rights of redemption, this is specific to Texas, I don’t know about other states.

It's what they post as FMR, but it's not necessarily a reflection of what you are going to get, I completely agree with you.For fun, I went on rentometer.com because it usually shows good example, and for houses specifically, here's the numbers:1 – 4 Bed Summary1 bed2 bed3 bed4 bedAverage Rent$1,139 ±9%$1,735 ±5%$2,281 ±5%$2,892 ±12%Median Rent$1,000$1,750$2,000$2,67525th – 75th Percentile$901 – 1,376$1,319 – 2,150$1,681 – 2,881$1,987 – 3,79710th – 90th Percentile$687 – 1,590$945 – 2,524$1,142 – 3,420$1,173 – 4,610Standard Deviation$353$616$889$1,341Sample Size11596314Search Radius3.0 mi3.0 mi3.0 mi3.0 miIf would actually like to chat one on one with you to understand why all the FMR are so high in rentometer.com, zillow.com, huduser.gov, CHMA's website and you are telling me they are far from these numbers.

I guess one of the biggest things to consider is how long you plan to be in each specific property.

Best thing to do is you should meet with a real estate attorney to go over the specifics of this deal to come up with the best solution to maximize your returns as well as protect you throughout the transaction.

Let them know - as specifically as possible - what you are trying to achieve.

Wilson - I agree with Kai on using a broker for this specific situation.

Your question is condition and location specific.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Make friends, it doesn't hurt.Then on to what Jason had to say.To those I didn't know, which was not often, I would remain very reserved, as Jason says, but being careful not to appear as though I was attempting to "influence" any outcome, that can be very touchy now.

Just curious if you had a specific plan in mind?