Stocks, on the other hand, offer liquidity and ease of diversification but can be more volatile.Time Horizon: Since you're young, you have the advantage of time, which is a crucial factor for compounding interest.

We're building a payments + property management solution for small landlords at https://useatlas.co that's closer to venmo/cashapp, trying to make it really easy to both collect rent and manage properties.No pressure, but if you'd like to be an early user we're actively bringing landlords to beta.

I've come to appreciate townhouses as rentals, specifically for the ease of yard maintenance. 

There was recently a water intrusion event caused by a clogged drain outside which caused some hydrostatic pressure in the soil and some water came up through the slab, which the tenants promptly cleaned up and I ran a dehumidifier I rented from home depot for 24 hours.

Partly, this was due to the ease with which tenants can get certificates that legally bind many property owners to allow certain types of pets.

I don't ask for SSN and also personally have never provided/been pressured to provide them myself when I used to rent, and honestly don't want to open up liability for having to keep someone's SSN either.

Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.

Or is it the ease of the claims process? 

There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.

When those illegal immigrant is working  it gives pressure to wage so it reduce inflation, but also reduce unemployment.Since unemployment is reduced, there's not much pressure for the Fed to reduce rate.