I told him that it doesn't make sense for me to do a project for a 30k return, that there is too much risk.

Those deals are typically in the multi-million range and the loans are typically non-recourse which changes the profit at a lower percentage and it changes the risk as being non-recourse.

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

Several factors impact ADR, including location, seasonality, supply and demand, property type and size, and local events.

Finding a house to rent or buy in Japan and Latvia you have to go to several realtors to see what is available because there is no central repository. 

I know a guy who's helped me out of several insurance claims in the KC area.  

Purchasing a rental property in the coming months, with a plan to have several by the end of 2025.

To reduce risks and take advantage of opportunities, modify your investing plan as necessary.Overall, investing in rental properties in the Houston market can be a rewarding venture with the right approach, diligence, and mindset.

You are thinking about it correctly.Of course, all strategies you choose has advantages and disadvantages, including SEO.If a strategy existed without any disadvantages no one would do anything else.The key is to analytically weigh in the disadvantages, feasibility, probability and risk when determining what to do.

So, those risks need to be managed well, which is the main reason why I don't do them.Good luck.