@Sahegin Charolia In Houston I am a fan of and regularly attend the RICH Club (Reality Investment Club of Houston), Wealth Club, and Houston Real Deal.

I think that multiple rental units are a good thing but do not get into your feelings and just make sure you do in the beginning is to use your math analysis and doing what is regular is the best way to learn.  

I am still learning about real estate and still consult with my attorney on a regular basis.Regarding contingencies, I forgot to mention that the more you put in the less strong your offer.

I am not able to judge does it just need regular cleaning or mold inspection?

Both of these cities seem to have properties that regularly meet the 1% rule.I was wondering if anyone had any insight as to why one city may have an advantage vs the other?

They have regular basement stairs going down, and there is even a dumbwaiter going up from the basement so I assume they were going to put the kitchen in the basement.

You’d be better off selling and buying an identical house for tax purposes.

All rents are due on the first, and deemed "late" at 5 PM on the fifth calendar day, except if this falls on Sat, Sun, or Holiday, they get until the next regular Business Day, when late charge is applied.

I am not sure if the regular mail is valid form of delivering 3 day notice. 

The appliances are approaching their lifespan and require regular attention.