Hi Chris -  My company specializes in helping homeowners navigate state housing regulations.If your life circumstances change and you move out before 3 yrs is up, you will not be penalized.

its not like they got a rehabbed rented house in the HOOD. and paid to much for it.. that is common as we know. they got in most cases a hood house with no rehab.. 

For example, a “base hit” single family house I bought off the MLS 6 years ago cost me 100k.

She gave me a very vague list of work completed with numbers ("dent to woodwork $," "Paint, $," "Hardwood scratched $" etc), but I cannot match any work done in the house with the list.

He was upside down, house become unlivable and he moved out.

https://www.har.com/content/department/newsroom?pid=2088Houston Real Estate Highlights in May, 2024: Property sales are down but home prices continue to go up!
-Single-family home sales declined 1.5 percent year-over...

Good point above on 84, they have great prices on lumber- most pro framers use them.When calling supply houses always ask for framers who pay their bills on time.

I provide tenants with a form to request any improvements and it spells out exactly what they are doing, what material will be used, who will do the work, who pays for it, what happens to it when they leave, etc.

Long story short I’m acquiring the house with existing tenants.  

For example, Rentometer would consider a 3 bedroom 2 bath single family house and a 3 bedroom 1 bath apartment to be comparable properties for determining the rent amount.