Any profits you make are taxed at your income level, plus Medicare and Social Security tax.

We intentionally keep our rents under market because we have a mission to provide safe, clean, affordable, comfortable and quiet housing for responsible renters.

Refinancing out of such a deal would be like pulling off a mission impossible without taking away one of the rentals.

The social factors that drive success are all in place there so its a solid market and worth it to grind out the search for the right properties. 

Think of it this way - if her story is true then she has a high likelihood of a family member, friend, or someone else in her social circle to help out.

There's alot of flipping in the Dignowty hill area, historic gardens, lone star, tobin hill, missions, and along the san antonio river.

Now depends on what ROI, asset class you are willing to deploy your capital, research and narrow down the market, socialize other investors who have invested there and what their experience has been, vet TK providers thoroughly and definitely visit the place atleast once to see things through your own eyes.

There are many other social issues might arise from adapting this law such as landlords might discriminate against families with kids under 6 years old.

Unlike passive rental income, the income from an active trade or business is subject to self employment tax (a nasty 15% tax commonly referred to a "social security and medicare" by working folks).

No social security number makes your options very limited to go through the traditional banking system.