But the numbers appear to be pretty shaky.

In a decent area were other residents appear to care for their house.

I think we have had it much easier to notice in the last 2 years due to the high amount of inventory.

Lokesh, it doesn't appear you have something to mess with here unless you and the seller can provide a long term option, at least 5 years more like 7 in a seperate option agreement and an annual lease sufficient to pay all expenses.

Realtor.com appears to cater only to SFRs.

She appears to have successfully implemented the strategy.

By the way, if there is no lease agreement, I'd get them set up on a month to month ASAP for other reasons.You obviously approved of the property condition (you bought it), so it does not appear that the dog is causing property damage.

It's generally as cheap, a heck of a lot easier, and faster just to have someone do it.As for bookkeeping, collecting rent checks from my P.O. box, answering phone calls... those are all relatively little time with big rewards.I also outsource the tenant placing... 1/2 months rent ($200 - 300) is much easier than driving up 3 - 10 times to show the apartment.

It appears that other than me and Charles, no one else sees any value in this concept.

I believe most of this is in Texas Property Code 5.061 et seq. 5.069 and 5.070 appear to contain the requirements for a lease that is more than 180 days.