At least for a period, Texas insurers only covered falling water, not rising water. 

We have found social media to be of limited benefit thus far in keeping our units rented, but see it as another form of "word of mouth" and have plans to look at it more seriously if vacancy rates rise.

So there is no cash flow there really and only an appreciation play if the market is rising in the cycle.

Is the root cause the water table, ground slope, water pouring into the area from downspouts, a river rising?

Although I'm waiting to buy unless I can find property far below the inflated market value.

Unsecured creditors may arise that could inflate the amount required to settle the estate. 

The market in Athens is hot and prices are rising quickly.

I think they pull unrealistic comps or say that the market is inflated just to get the listing by making unrealistic projections.  

Unemployment 5.1%, economy growing at a 2-3% pace, low inflation, etc. but the major difference between now and then is the absence of no-doc or "liar loans".  

I will put aside, or usually the banks forces me to put aside a certain percentage for cap ex, depending on the condition of the assetIf you are buying a property and keeping it ten years, chances are you will have paid down a portion of the mortgage and value has increased through inflation and proper management.