I am not officially an out of state landlord.

One of CGI’s properties (another major player) is located near UCLA, making it a prime location to accommodate hospital patients, health care workers and students.

This does not apply to HVAC or water heater as those are health issues that I pay in full.

Come April, that same industry employed 728,000 people dropping 60% month-to-month.(4)The following month you saw a positive 13.8% month-to-month gain in employment, or 866,600 now employed Hospitality & Leisure employees. (4)But, despite these signs of a comeback we will finish 2020 with a higher than healthy unemployment rate, and a partially opened and struggling service industry.Predictions on when we will back to normal hinge on the vaccine availability and how quickly people get vaccinated.Final ThoughtsAfter reviewing this information it’s easy to see how much the Hospitality & Leisure industry needs help, and supporting them through gift cards or donations will help prop them up until we can officially re-open everything.Speculations on how long until full recovery are modest for Texas — two to three quarters — while the rest of the U.S. could be seeing at least three years of down economic times. (2)ReferencesDallas Fed; “Your Texas Economy” — https://www.dallasfed.org/-/media/Documents/research/econdata/texaseconomy.pdfMark Sprague, State Director of Information Capital presentation — available on requestPWC & ULI: “Emerging Trends in Real Estate” — https://ulidigitalmarketing.blob.core.windows.net/emergingtrendspdfs/ET2020FallMeeting.pdfDallas Fed: Leisure & Hospitality — https://www.dallasfed.org/research/econdata/ausleiha.aspxDallas Fed: Texas Employment — https://www.bls.gov/eag/eag.tx.htmElise Gould: Quote — https://www.fastcompany.com/90549147/forget-u-or-v-or-w-we-may-be-headed-toward-a-k-shaped-recovery

If you want a more official answer, check with the Austin Development Assistance Center.

Some lenders may perform a soft pull with permission.So once the prospective buyer has shared this ‘unverified, best-knowledge’ information, a preliminary scan of the prospective buyer’s financial health is performed, and the lender then provides a good-faith estimation of how much the loan seeker may be able to borrow.So pre-qualification can be a very quick process – with many lenders providing online utilities that facilitate easy information gathering for this preliminary assumptive step.

Many small privately owned homes with no official rental history etc.

Most likely a health problem, lender non payment issue, or a problem with the property.

@Shoshana Shulman you are officially banished from the forum. lolThese are all great questions.

Wishing you all health during this time!