(DO NOT DO THIS NOW) but the difference in production when I changed out the sofa, linens and provided exterior amenities was drastic.

TX is one of the fast growing markets in the US so if you have to leave more money in to break even so be it, your generational wealth is growing at a quicker pace.If you are ever interested in units that provide more cash flow, Memphis would be a great place to look. 

And thanks in advance if you're reading this post and also providing me with your inputs/guidance. 

So, for instance, a bedroom that’s on the complete other side of the house from the kitchen, living room, front door, and all other common areas will provide a lot more privacy than a bedroom right next to the kitchen, or right next to the front door.

If you were a one-stop shop:1) 1031s (you need some reserves to do the actual QI)2) Taking advantage of all tax breaks like cost segregation3) Providing prop operating reports. 

Happy to provide more details and discuss further in DM if your interested!

For multiple reasons, the types of jobs they work don't provide for the rising cost of living.In our market, there are more SECT 8 vouchers issued than housing units available. 

That's the best advice I can give with the information you provided.

Building inspectors love quoting "A structural engineer" for anything and everything.Even a dime size hole in the siding.They kill a lot of deals with their terminologyJust my opinion.Thanks Well said.I learned to do my own inspections - most inspectors provide little to no value in my opinion.

If you're looking for something that provides cashflow and can run itself, then I would suggest setting up a team and buying a multifamily property that is in really good condition.