Re: Out of state real-estate investment advice
Investigate the evicition statutes and fees in whatever state.
TX is extremely friendly to the property owner in eviction. But my firm will charge you $150-$200 if we don't have to file a court action. I'm not sure yet what a court action will cost, I'm guessing minimum $600.
Massachusetts is extremely friendly to the renter. If they have kids they have to have found housing that is certified lead free before they have to move out. It's like unemployment, they show that they looked x number of places each week/month and that they weren't lead free and they can stay there, rent free, for a long time (I have no idea how long, I know of one case that was well over a year).
Other states are inbetween.
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