I was performing a lot of the work myself and hired some knowledgeable guys to assist me.

Chris I agree completely with you, here in Houston we are seeing the oil slump, but about Dallas area I'm not worried, even better I think the Forth Worth/Dallas area is going to perform good this year due to the diversification that you mentioned.

Whether a perfect place to call home or an investment property that really performs.  

However, you will still need to qualify based on how well the properties you own are performing and as long as the numbers continue to work for the banks, you won't be stuck at 4-10 loans max.

LOL, my problem is that I'm not sure I'll be in good enough physical shape going ice bound, but I'm working out to see.An option contract cannot have any performance required by an optionee (buyer) meaning they can't be required to actually do anything, if they are, it's no longer an option but a sale contract.

I am employed as a Property Manager, Rehab Estimator, and I perform Valuations for a company that specializes in tax deed/sales acquired properties.

And some perform perfectly, like my nailers.

Seller needs to Perform or face the consequences.

I thought it might be educational to read some specific examples of why you've had to unload a poor performing property.

Different deals would call for different structures, pay outs etc....Have workers lined up ready to perform rehab - they've been trained what preferences we have (flooring, colors, hardware etc...)Rehab, stage, sell.