Some attorneys will take the position that debt fails the "common enterprise" test for a security from the famous Howey test. 

Comparing "This one has an inspection, this one has a radon test, this one wants lease agreements, this one has a $5,000 EMD", to a text offer.

I haven't tested this out (thankfully) but I understand that the insurance company will send their lawyers to protect the first $3 million they'd be out if a frivolous lawsuit was filed against me. 

Hey Everyone,Just testing the waters here to see what everyone thinks!

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.