I'm worried about the large surplus of condos in the area and wouldn't want this condo sitting vacate for long periods of time.

NickThe fact that it does not allow for billing options makes me think it could be an excess or surplus lines policy.

She also wasn't on board with my plan to acquire multiple properties with enough surplus positive cash flow to exceed both of our previous full time jobs. 

Make sure you have contract language on daily cleaning, key words to use are "daily basis", "broom cleaning or equivalent" and "removal from worksite"  Make it apply to (rubbish, waste materials, tools, construction equipment, machinery, and surplus materials), and include a statement of back charge of cost plus 10% if you have to perform the cleaning. 

Also, you'd still own the lot, which you would either have to sell, or continue to pay property taxes, or the last scenario would be to just "let it go" (stop paying property taxes) and let the city repossess the land in a tax sale/surplus sale scenario.

If you get a solid deal you can often live for free or in cash surplus.

These loans will be more expensive than a "normal" mortgage, and the surplus interest/fees paid over a couple years will exceed what your income tax bill "would have" been, had you been a tad more "honest" (pick a different word if you don't like that one) on your taxes. 

The huge state surplus is certainly not being returned to investors.

Hi, just doing my first flip got a great price from Seconds and surplus in Richardson. not too far from you in Plano.

Check out Habitat stores...one on Singleton and Hampton has cabinets.You might also check out Builders Surplus in Addison/Carrolltonor Seconds and Surplus on Regal Row.