The simplest reason I see is not greed generated speculation like the pre-2008 housing boom and the pre-2000 dot com bubble.

You might have to go through several first or develop a test project for pre-hire screening.

Having said that, if you can get good value while still stress-testing at 70%, 0 rent growth for a couple of years, and an escalating reversion cap, submit that LOI.

Suggest you take 20-30% off from house vs house hack to test your pro forma . 3) Rental Market in Houston : COVID certainly slowed down short term rental for obvious reasons, specially inner city .

Test their motivation and see who blinks first! 

I used to think that I will take the test asap, but came to conclude it's not worth it, actually the opposite.

@JD Martin 's suggested test of filling up a pot (or a bucket) somewhere else in the house, and then dumping the water down the tub drain, will help in finding that. 

@Daniel Edwards Yes, Real Estate is a time tested vehicle to building wealth and financial freedom.

Allen, Anderson advisors was one of the lawyers I consulted with.I supposed setting up an LLC is the simplest legally-binding way to combine assets under one entity, but it really seems like overkill!

Does anyone have any advice for me, weather or be testing tips or certain things that I should really focus on during classes?