Updated about 9 years ago on . Most recent reply

Stumbled onto renting treasure trove subdivision
I am in the process of building a new absentee owners list in Denton and Collin county Texas for wholesaling. In my search I have found a subdivision where it seems 4 out of every 10 homes are absentee owned, with a fair amount of them being out of state, mostly California. I know one of the major goals in absentee hunting is to find out of state owners, so that's great, but the fact that there could be so many homes for lease in the same neighborhood leads me to wonder if such strong rent competition could be a turn off for potential buyers. What do you all think?