Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Comps solid $410K - $555K (newest) in the area (comps are 1400sf to 1700 sf) and several along this creek sold for above asking price recently.

I've posted about Boutique hotels previously being the next high value investor asset class.. there are several examples of properties that have made 2024 improvements and nearly doubled the income and asset valuation.

In my state, if I moved to evict it might take ~2 months to get them out and then several more weeks to have the next tenant in place.

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Quote from @Phillip Austin: I used Obligo for several years.

However, there are several up and coming thriving communities surrounding the Texas metro centers that may be worth looking into.

One of the utilities, South West Gas, based in CA, gave me a hard time putting the account into my own name. after several calls, faxing the court-stamped eviction order, verifying my deed through the County, etc,  the operator finally agreed and started to backdate the account change to the beginning of the process!

Look for sponsors that have been in the real estate industry thru several economic and market cycles.

There are several aspects of a long term lease that are not needed, or additions that should be included in a mid term.