This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

We had our attorney terminate the MTM, so she quickly offered via our attorney to pay the $130 she held back for cleaning, her MD copays & meds, also pay the rent overdue for that month.

The lease signer would pay you monthly like a typical renter.

Developers have just started raising offers since the rezoning, so getting one of those properties sooner rather than later will be great, because by the time you want to sell the market will tell you what developers are willing to pay. 

Also seen the opposite where decent lot, decent price, looked clean, but when I got there must have been $100,000 in cleanup needed with all kind of trash and junk on that lot.I've never been to Harris county auction, but from what I understand they have multiple auctions and maybe even different locations depending on the precinct, so know where to go if you can.At one time there was a lady that would offer orientations at Harris county maybe 1 hour before the auction starts.When you are ready to bid, know how to pay. 

The second consideration is that students or rather their parents are willing to pay for the newer nicer properties with more amenities.

Do they take care of the place, pay rent on time, etc? 

The only thing was, got a break from the seller when on purchase, prices went up like crazy, so after 15 years, 1031 the property into another.Talking about tenants in their 70's, I looked at a property here some years back, rent controlled, tenant is paying $98.00/month on a unit where the market rent was $800.00, and the tenant at the time was 90.

Property B Assume the loan with 4-5% interest rate, pay difference in equity $70k and pocket 300-400 in cash flow every month.

And if the amount isn't too large they can either keep the note outside the exchange and pay some tax on it as boot doing a partial 1031 exchange.