Be thankful they are taking this step on their own to ensure they don't get behind and stick you with unpaid rent.I'm sure how much they may be approved for varies on a case-by-case basis, but I have tenants who have paid the full rent for multiple months through COVID rental assistance.Your role is limited, and in my personal experience requires just a bit of information on the balance due and a signature.

I've purchased two properties personally utilizing seller financing and represented at least a handful of buyers acquire properties with private mortgages over the past five years including friends and family members.

Since l had to increase rent for a tenant, l first talked about it via phone and text message (it’s very difficult to communicate with them via email), then signed the new lease.

Try interviewing 2 or 3 (even by email) PM’s that have 500 or 1,000 or 2,000 properties. 

Tennessee doesn’t have personal income tax but if we create an LLC we would have to pay state income tax.

Ultimately, the best market for investing under $250k will depend on factors like your risk tolerance, investment goals, and personal preferences.

While I am a licensed agent but I do not focus on MLS deals.I've been personally investing in Detroit since 2019 and have 12-doors there now.

I'm not sure about Houston but make sure you find a great agent who's focused in your area. call agents who list new construction or who closed land purchases and represented people. on my closed transaction list and active listings it's land on the buy side and new construction homes on the sell side. make a spreadsheet, email and call every single one, have 10-15 conversations, meet with 3, pick 1. sales funnel. 

Have you seen any in person?

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.