While power was off, anybody could come along and tamper with things without themselves being harmed, weather could have caused insulation to deteriorate on the service feed cable, etc.

After a couple of years away, I realized what had occurred.

I have been leaving a bulk-sized box of replacement bulbs in my rented units for the tenants' convenience and replacing fixtures never occurred to me- @Melissa Gittens - are you talking about putting fixtures into new construction or replacing broken fixtures... or do people replace working fixtures for reasons I don't know about?

Even better (lol) your title insurance becomes worthless and DOS violations occur with hasty quitclaim deed transfers to an LLC.  

This is the area we plan to stay in as two of us are Texas Tech alumni, we know the area pretty well, and we feel that Lubbock is a prime opportunity given the low price of housing relative to Texas, the population growth expected to occur, and the volume of students looking to rent.

Keep it simple.Whatever you accepted as "last month's rent" at the time of the original contract will be considered sufficient to cover the last month, whenever that occurs in the future, regardless of the increased unit value.

Knowing who the mineral owners under your property are gives you a much better chance at negotiating a positive outcome should oil and gas development ever occur there.

according to my attorney who used to represent banks in foreclosures/short sales, the "real" reason a lot of short sales, don't occur is because the department that handles "short sales" doesn't want to take the write down. 

Timing is unknowable and new development might never occur.  

This usually occurs during the month of August"