I read the permitting process and it seems somewhat strict.

It's also important to look at the statistics of length of stay for that region.

Make sure you understand exactly what they want to see and when, all through the build process.

Fortunately, the seller was cooperative and patient, and we only lost about two weeks in the process.

A trustworthy agent should make the process clear and help you see the properties you're interested in without unnecessary obstacles.

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

Became a real estate agent after I fell in love with home ownership processes and out of love with my 9-5.

Neither do I, thats why i was asking the process :) Any education you have on Sub To?

If your current deposit already equals one month's rent, you can't request additional funds.Keep the lines of communication open with your tenants, explain the process clearly, and you'll avoid any misunderstandings.Good luck!

Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.