In addition when you placed your property in an llc and have to go court for a tenant related matter or building code violations then you are require to have legal representation. 

Once you confirm he has done as you requested you can then fire him.If you dig into it you will likely find the applicant is a relative of your PM.

We did some research on the vacancy rate in Waco and found that it was relatively high which is worrisome.

If you are relatively close to all those events you mentioned, you should do well.

If you own rentals you are not truly retired however in your position, at your age, as long as you are comfortable with your income it is irrelevant as to whether you are maximising your returns or not.

Louis i have 5 companies all Real estate related and by far my favorite is rentals.

Hi,Looking for some advice related to immigration law and RE investing.I'm employed in the US on an L1 visa.

I am using more conservative #s for capex to account for the age. 

I'm 100% with you, but I've been called bold once or twice and since we're relatively new to the investment scene I appreciate all thoughts and opinions from people who have been successful.

That doesn't seem to bad to me considering the age of the house.