I know the lender sometimes puts there own name to the deed to make sure collateral is in place as quickly as possible... and yes I agree not losing the deposit is critical for repeat business...   

I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism. 

im thinking of buying a house that uses gas.sidenote: im the type of guy who can live in a cold house. i just need a lil hat and some a warm joggers. ill even go as far as wearing long johns. f that heat. a better alternative is to buy yourself a crypto miner. them things make so much heat. theyre just loud. too loud.Gas is critical for 2 things these days: larger tankless water heaters and higher quality stoves.

If Houston is like Phoenix I know A/C was considered a critical need, health and safety I think was the terms they used.

Like I stated before any suggestions or criticism could be greatly appreciated.

This episode had a huge impact on my mindset, which I think is critical for any entrepreneurial venture.

Now I realize at only one property, it's not as critical to have an LLC.

This person will be critical in helping you find the new listing quickly.Repeat this exercise 10 times or so without making an offer. 

Looking for any criticism you guys can come up with.

The other was due to a plethora of critical issues.I would always use a home inspector but I feel like I need to be a better first filter as to not waste mine or other people's time chasing after properties that are in disrepair.