In the SF Bay Area was quite common actually when your purchase price pre rehab was 1 to 2 mil and rehab 200 to 500k.. so downpayments tend to be 500k or more so lots of gap funding there. 

•What price ranges are most common right now in Houston?

Not a political statement just, common sense.  

Do you have errors & omissions insurance and general liability coverage?

This is a very common issue with new landlords, so you’re not alone.First, check your lease language.

I charged a $50/pet fee (common I saw on here) but they all disappeared because of that fee.

Ask them straight up what they know the inspection is going to look for, and make sure their scope includes the common trip hazards and safety items so we are not doing little change orders at the finish line.Overall this one has been solid, payments have been on time, no major tenant issues so far, and ROI is positive.

While testing may feel proactive, it can also create additional exposure if remediation isn’t economically feasible.Unfortunately, this seems less about what’s “common” across all managers and more about this specific company drawing a harder line based on their own risk tolerance.

Common Pitfalls to Avoid in a 1031 ExchangeWhile the benefits are substantial, there are critical rules and deadlines you must follow:Failing to Use a Qualified Intermediary (QI): The IRS requires that proceeds be held by a QI.

But keep in mind the costs are high and cash flow may be tight, so your returns might be smaller unless you’re doing some creative financing or leveraging VA loan benefits.A common approach for someone like you:Use a local property for house hacking if you can get good value and it fits your timeline.Simultaneously explore turnkey out-of-state rentals in cash-flow-friendly markets for long-term hold.Build a network of trusted property managers, property source providers, and contractors before you move - this is key for out-of-state success.It really comes down to whether your priority is convenience and simplicity now (house hack locally) or building long-term, higher cash-flow assets (turnkey rentals out of state).Always happy to chat more about what's worked for other investors in similar situations.