Are they only in Houston, or other markets, too?

If they come on the market they are sold for top dollar to investors as income producing businesses. 

I am still doing my own research on it but looking to get any additional information.  

Hello there was a huge vacuum in the market and you know what they say about that..... 

I am interested in purchasing a 2nd multi family right away while the market is good in that area. 

@Jingwen Dunford It's also common to have the waterfall structure of an operating agreement define any excess cash over the preferred return as return of capital in addition to capital events such as a refi or sale.

There is tons of information about the market I am looking at.

Unless the market was super hot and values shooting up 1% monthly or more, this could be a huge waste of time.

I watched a video/podcast once that showed a tool/site which allowed you to see what amenities the most offered amenities were in any given market/area ranked from highest to least (like A/C, pool, grill, etc).

I do know they have a healthy marketing spend.