The best bet is to stay on top of any buyer, and vet them as best you can.

Texas is very business friendly state and now diversified with so many industries... even oil crash did not impact in last few years.I am surprised to see Brooklyn and Boston in this list...

Your parents have unrealistic expectations .frankly I’m surprised they want to live in a bIg money condo or fancy townhome and It seems they are not overly interested in working even if it’s a pay cut or doing a meanial job .

I'm surprised this one hasn't gone under contract already.

They usually stay for 1 to 2 years before moving on.

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnd of course, be sure to subscribe to the podcast - so much great info there and also full of inspiration.

The people that tend to stay in boarding houses tend to be on the lower end of the socioeconomic scale.2.

You can turn this around and stay in the game if you truly have the passion and aptitude for the residential rental business.

As you move forward.... keep in mind that tenants who enjoy where they live, can afford the price, and are pleased with how the property is managed, are likely to stay a long time.

They have a housing allowance and the family member would stay if the military member had to be shipped off temporarily.