The protections are there because beat cops are not qualified to determine who is a tenant and who is a criminal.Just as LL should not provide keys without rent, security deposit, credit check, etc, tenant should not pay a dime without a lease agreement that gives them certain rights.  

People have already provided great input, so I will touch on your comment your wife said.You really need to sit down with her and explain the short term and long term goals.

Make them attend 3-5 12 step meetings a week and have them provide documentation similar to the courts.5.

What Bruce says about new homes is accurate.New communities CCRs needs to be reviewed so you are not stack in a property that can't be rented out.ROI will be very los what I see in new communities is 10yrs in average, it will all depend on the time in the market.Another thing with new communities in those growing cities is that they are not investors friendly for LTR as the rent price tends to be lower than in other market.However there are plenty of opportunities in North Dallas, many other cities with growing population are great to invest.

I guess the proxy might be what the person is paying now provided this isn't their first. 

It depends on the market, in my home area I can't justify single family rentals but MF's work... however I've invested in single families in markets where the MF's scared me. 

I found myself attending in-person networking almost weekly prior to the pandemic, but we live in a different world, and the digital shift has made it harder.Currently looking for personal investment deals in the area, and also passionate about connecting other local investors with trusted service providers.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

It’s an excellent spot for flipping properties aimed at middle-income buyers.Each of these zip codes offers different advantages depending on what you’re looking for in terms of community, property type, and investment scale.

@June Broce We do a ton of Transactional Lending for wholesalers looking to double close, some investors who are doing seller finance deals or same day purchase and refinance into a DSCR loan.If you can assign the deal and save yourself some money, it's the better option but I 100% understand why someone also prefers to double close and secure their profits depending on the scenario.With that said, you can buy/sell the land SAME day for a legit double closing.