Builders warranty is also something that looks great for an investor. 1 year covers materials and workmanship2 year coverage on all mechanical/ electrical and plumbing 5 year leak protection internal or exterior infiltration 10 year structural Love to hear thoughts on buying new construction?

This is my first post, I been thinking on helping people to achieve financial freedom for quite some time now.

Anything beyond month-to-month protects the tenant far more than the landlord.

Our financial objective is to diversify our income.

My point is, there are specific requirements from state-to-state and area-to-area that a blanket PA will not protect you from...

If it's commercial, then have them send you their P&L's, taxes, personal financial statements etc.

Here's how I attained both in a relatively short time:-I worked for a Big 4 Accounting Firm auditing the financial statements of the biggest names in real estate..

What strategies do you use to protect against financial downturns and is there anything to look for or negotiate when taking out a loan that can protect you?

@Bart Hedgcock, @Gail Kaitschuck , thank you both for your advice, I think I made a rookie mistake and did not add any  early termination clause in the lease, does the texas state law automatically takes over and protects me in this case?

This is a valid method of investment for those who lack the initial capital themselves and who have issues getting a loan from a conventional financial lender.