Any contract that gets closed I pay them additional $250.

Named insured, additional insured, additional interest, and the like, have totally different meanings and coverages and are unacceptable.One issue is how to determine the value.

Whether you're looking to collaborate on a project or simply share insights, I'm eager to explore opportunities and contribute to the vibrant discussions here.Let's build valuable connections and make deals happen together.

@Alex Clark there are a ton of posts regarding the Austin, TX market and I would take some time to explore them.

In addition to the roof, does anyone have any suggestions on light rehab ideas that could bring the value of without disturbing the tenant too much? 

Currently, we are leasing the property, generating a net profit of $380 per month and living in Missouri.We are contemplating the decision to sell this property and potentially gain $239-278K payment to buy additional investment properties in Missouri given the rising rental rates in the area, we anticipate increasing our rent and potentially securing a net monthly profit of $780 (annual$9,360).While we acknowledge a monthly profit, our concern stems from the apprehension that the property might not fetch as high a price in the next five years or that our HOA fees and taxes could escalate.Given this situation, what course of action would you recommend?

If so, what additional precautions did you take?

I would like to reel it in and start making deals close to home so I can have a more hands on experience.I am exploring wholesaling now, as that is the easiest barrier to entry it seems. 

In addition, residential RE is not passive even with the use of a PM.  

One thing I learned on this property is the power of using Equity from other deals to cross collateralize and buy additional properties.