However, be mindful that preventative maintenance, such as HVAC servicing, can arise even with recent renovations.

This is a FREE service provided by the bank, and we have used this account for about 15 years or so. 

There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.

Thanks for your response Bill.My goal is to simply prevent them from losing the farm.

Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?

Having a rock solid SOW can prevent many of the issues that arise during any project.

If not, there is a legal reason preventing them.

Can you please provide some context on which project you participated in?

I may have to Teak my strategy in light of the excellent advice you provide here, Henry.  

Very rarely are we provided with those figures up front.