John

John Kent Thanks for your response, but I think you may misunderstood my point.

I am paying about 10% below average for the area probably because this property is in a block where on one side are duplexes other side is another single family, dead end and a nice park, opposite side is full of 6-8 unit multifamily rentals. 

Hey @John Underwood, I now reside in South Florida but most of the counties down here have online auctions. 

John Frankwithout a lot of info, I would say:- 4% vacancy seems low, specially in what I imagine are 1bed/1ba units, which tend to attract a more transient tenant.- $20 electricity?

@John Chang you really don't need a reason to non renew.

This is the exact opposite of how you should think about things.  

Thank you in Advance,John C

We've already purchased a home in Dallas as new primary residence.We have opposite opinions, so any advice from seasoned investors is appreciated!

@John Anderson - I like keeping the LLCs for tax purposes mainly and having separate business accounts.