I don’t care how attractive Austin is, if interest rates go up significantly we are in for a rude awakening.

Although this sentiment is talked about religiously and everyone knows they need to to this, there never fails to be a continuous stream of posts by investors trying to figure out how they can fix a problem after closing when they didn't do their due diligence.You learned a great lesson. 

This is what will lead to a crash -- the exuberance everywhere has been seeing Wichita included-- we're in for a rude awakening - I hate to say I look forward to it - as then I'll be able to get my house built and a contractor to take me seriously and not try to screw me over when they dont have any work.   

It has created a religious-like following and some of the smartest techies in Silicon Valley are convinced of its long-term viability. 

It really came down to focusing on one area of the city I invest in and religiously checking. 

The problem is if your AC unit, HWT, Furnace, and roof are all 20 years old you're in for a rude awakening, and soon.

In very limited circumstances, the Act exempts owner-occupied buildings with no more than four units, single-family houses sold or rented by the owner without the use of an agent, and housing operated by religious organizations and private clubs that limit occupancy to members.Is it a SFH you rented without the use of an agent?

I could pay a tenant to handle it as it's absentee like the way the garbage is handled, but my monthly inspection visits keeps things clean and tidy.And you you rent out triplexes to singles, you'll have at least 8 or 10 tenants in the building, besides prior tenants and their junk mail, and having so many people following a protocol religiously is a pipe dream. 

I have been listening religiously since then!

I have been listening religiously since then!