I was told one of my properties had been redeemed, when I knew good and well it had not.  

Nothing good happens when you pick up rent, other than maybe you get to see condition of property.

Investment Info:Single-family residence buy & hold investment in Atlanta.

If the tenants pay rent on time, communication is good, and the property isn't torn up offer the MTM rent and keep the boat sailing. 

Good Luck!

Investment Info:Single-family residence buy & hold investment in Atlanta.

@Jay HinrichsThat is really good information to know.

Countless great connections made through BP - keep up the good work @Scott Trench! 

If we're speaking of rentals in Houston, you'd certainly need to reach back and see what your wind exposure has been like over the past 10-20 years (if you can go back that far with good data) for this specific rental and area of the state. 

Will a property cash flow day 1, maybe not unless it has a huge down payment but if your goal is to hold it for 15+ years you should not lose out, especially if its in a good area (which goes back to location location location).