I'm in Long Beach and familiar with the area. 

Quote from @Richard Damian: Quote from @Richard Damian: i have been investing in lawton  , going  on the 3rd year here , good market , but very tricky on areas , very chopped up areas ( good /bad )  but get with a good realtor  and they can help  , money to be made , still here investing  , out of Houston Tx   Micheal , what area  is the houses located ?   

Usually the depreciation is enough to shelter your income so that you pay little to no tax, at least on a new long term rental. 

@James McGovern- most lenders can get underwriting done  that fast  as long as they are provided with 100% of the data they need PLUS getting any disclosures needed signed immediately too 

Good luck with your appointment with the loan officer on Wednesday; it sounds like you're making all the right moves to keep building your real estate portfolio.I’m involved in real estate, focusing on new construction duplexes in Indianapolis, and I love connecting with others who are passionate about real estate.

If you want to avoid the lengthy process of securing permits and navigating ordinances, you can always opt for long-term rental for the first year.

Good luck and enjoy. 

Good luck. 

Is it still good to consider them?  

If we're speaking of rentals in Houston, you'd certainly need to reach back and see what your wind exposure has been like over the past 10-20 years (if you can go back that far with good data) for this specific rental and area of the state.