I do not hold any actual real estate because I did not want to be concerned with being less fluid.

Then they would pass us and leave without further ado. 

Yup half of these ideas are OLD NEWS  I never equate Texas and low tax's LOL also my concern with build to rent subdivisions is not the rent or the first 3 to 5 years but the exit in 7 to 10 years which is average hold time for investors.. 

So what do you do with the houses - leave them vacant?

Most of the people who could would just do it, leaving their home empty. 

I think it's ridiculous to pay a tenant to leave, but it makes sense in places like California.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

So, if you're concerned about Socialism taking hold, diversifying your portfolio by including real estate may offer protection and help you sleep better at night.

They look like they are sitting on wooden piers and not on a slab or perimeter foundation.As far as lenders are concerned, that could impact the financing.

Condos are cheaper than houses, and to my mind, a vacationer wouldn't care much about staying in a bigger place for their short stay, and would be more concerned with a good location and a nice view.Thoughts?