Why both of them and do you prefer one over the other? 

Hello, my situation is simple but the agent made complex.

My opinion is that the overall direct effect of immigration policy on any given market will pale in comparison to other factors such as the economy, inflation and deregulation. 

Quote from @Dave Hart: In the weeds on this one.

I will be purchasing the properties in cash, likely from mortgage or tax deed/lien auction.

Skip to the 6:00 mark to get into the nitty-gritty.

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

Quote from @Josh Wells: Hello everyone,Does anyone have any experience in the Victoria Texas area with rental?

Thanks for the responses!

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment.