@Mike Ojo We strongly suggest our tenants to have renters insurance, but in the end you can't force them.

The tenant built the building and are strong national tenant. 

And yes, I also like the idea of my name not being easily discovered as the owner of the note.The issues you mentioned about CFD being more work because Borrowers are not as financially strong, I totally agree.

I believe the "evidence" is pretty strong that rent control doesn't work (of course, I'm preaching to the choir, and will say later why I think RC is actually good from a messaging standpoint).

@Kristen Bouvier Scoville Not expressing a strong opinion either way. 

They usually require you have a lease in hand with forward commitment from a strong regional or national tenant.

The buyer is strong.

They reference the number of doors and deals publicly and build a strong reputation on that basis.

Think turnkey but I never own the properties- I find good ones off market that are already cash flowing and sell them directly to rental property investors wholesaler style.

The rental market in Houston is strong and I am looking to leverage the equity and grow the portfolio especially in some of the up and coming areas.My main question is about pulling out equity from a property in a high tax area like Houston.