Eg (making up numbers) if a fridge lasts for 15 years, and they break a 10 year old fridge to the point it can't be repaired, you can only charge them 1/3 of the price of a new one as it had 5 years left.For the keys, if the ones she gave you don't work for the new locks, then charge her for a locksmith who will come by and re-key all of them. 

If they haven't learned the skills by the time they are 18, they probably won't.Here is a story about one of my children. 

I'm in Coppell and Southlake , but travel all over North Texas if you want to meet up.All of the cities you mentioned are probably good targets and where the better action is.Flips are not easy right now, so I would keep open on the 1st one to any and all those cities.

If you buy it and set it up as a LLC, then great, if you are one of the buy it in my name then transfer it, your protection from a good attorney is zero.

There is a great group of members on here to connect with.

Painting, for instance- an amatuer could take their time and paint a house over the course of a couple weeks and do a great job, but a professional crew could do the entire job in a day. 

I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.

Is there a way to passively track mortgage rates on 5+ residential apartment buildings?   

A structural issue like this - even resolved - can hurt the value of your property.

Cash flow will be a function of how much you put down.