Your PM will handle the tenant selectionConnecting with local realtor involved in purchasing investment properties will handle the offer, escrow and closing process.  

65% seems like a very reasonable LTC, but you really have zero control over how the asset is handled after you invest if you're a passive investor.  

Regarding what kind of cash-flow or ratios you need to retire and your concerns with future CapX, you should also plan ahead to have a reserve in the bank to handle the unexpected stuff.

It's the National Association of Residential Property Managers that most of us (good) property managers belong to, and it's a good place to start to get a few company names for your first interviews.If you go to the Home page and click "Search for a Member" it will give you the option to choose a state or a chapter.

They will probably want some history of how you have handled other obligations.

But they usually handle large size projects.

Once you have bought the house, anything attached to the house and property belongs to you so they have no right to it.

My question is how do I handle the number one question.....Does it perk?

Call them and ask who handles the majority of their evictions.

But, if you are thinking you may want to be able to go outside the Texas area Old Republic Title is a far bigger company that can handle both your local Texas & outside of Texas deals.