Hello,I have a house that was flooded in Harvey (Aug. 2017) for the first time (to my knowledge as I bought it from a wholesaler with no disclosure) .The house is one story with three bedrooms (one of them is a master suite) with a very reasonable living space and backyard.I rehabbed the house and it looks great now, ....nobody would buy it :0(The house is near the medical center in Houston (in a subdivision called parkwest near Westbury) If I rent it it will create a -ve cash flow of about $300I'm thinking to turn it into Senior independent living but it seems to be very complicated strategy with the best yield.Any experience in doing this in Houston would e appreciated?

Renters are two teachers and their three small children.

We are less than 24hours into this and falling forwardSo far I am 3 hours into this process and have a place I believe I can rent for $800 (Very low for the area) as a 2/1 that I have huge upside potential as the lot is big enough to be split.

I'm currently under contract on a smaller, 5-unit commercial office/retail property. 4 of the 5 leases expire in April/May of this year, and one of the contingencies of the sale closing is that 3 of those 4 soon-expiring leases renew for at least one year (I have full negotiating power over those leases).All of those tenants have showed no intention to vacate, and are happy with their current situations.I've seen/read in many places that it is best practice to stagger leases as much as possible in order to avoid the possibility of multiple tenants moving out around the same time, leaving numerous units to be turned over.Would it best for me to try and get 2 of the 4 tenants to renew a two-year lease (which they've done in past) and the other two tenants agree to a one-year or three-year lease (both have been year-to-year in past ).

This isn't a new topic and while it is still a ways into the future just thought I would share in case it was good information to have...Air Force to study Fort Worth reserve base and three others for placing F-35 squadron

I can vouch for three of the people on this thread with great reputations.

If that's not an option you can take a few hours to research and call around local charities, veteran's groups, housing assistance programs.

Tough markets around here, out of state investors with piles of cash buy properties at prices most local investors wouldn't even look at with CASH within the first couple hours of being listed.

The three most investor friendly banks in the New Orleans area are Home Bank, Resource Bank and Investar.

With standard wording, any transfer (subject to sale, wrap, AITD), an option, or a lease longer than three years will all trigger the due on sale.