Texas is a great option, consider San Antonio or Houston for strong cash flow, DFW or Austin suburbs for appreciation, or Corpus Christi for short-term rental potential.

Taxes 10k HOA is 9k The current owner never did short-term rentals.

I like this idea because it reduces the potential vacancy I could have by doing a short 3- to 4-month lease that ends in April or May, then starting over with a year lease.

Now, let me break this down step by step to address your concerns clearly.Let me break this down step by step to address your concerns clearly.Honorable Mention: In the idea, buying income rights is comparable to purchasing dividend-paying stocks.

I am thinking of starting with rentals, be it short term, midterm or longterm. 

Long story short, it has been over a year and the project remained incomplete and he walked away with the money.

But your colleague may have been confused about Short Term Rentals (STR).

Andrew did call me, there was a second distribution I didn't know about and a 3rd supposed to be coming shortly. 

You can protect yourself with a short contract period.

In short it's this: Seller is facing foreclosure nightmare.