That is my personal go to.

So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.

Personally I'm working on a very exciting niche, but will take some time to pull together; and I'll give you more details as it moves ahead. 

Try to make your messages more personalized to avoid getting blocked again.You can email [email protected] with any  help you  need, too. 

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

@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).

Personally I question whether the "extras" on policies like Proper's are worth the extra price. 

I can't just put the LLC's income directly into my joint personal tax return, right?

In theory, you could QT the property to an LLC in your name and enter into a lease with you personally.

I do not personally use him based soley on the fact that the firm is virtual.