Houston is a different market flavor, but it still doesn't change my suggestions.

If this hypothetical child has moved out before your ownership, that liability stays with the previous owner, not you (I added the bold).

(This is starting to be complex enough that using real, official accounting software might be a better idea.)Another thing I do on the receipt spreadsheet: when I get my bank and credit card statements at the end of the month, I go through the spreadsheet and bold all the receipt totals that are on the statements. 

Here's a stupid idea - Go to a legitimate title company and just do one escrow.Be bold and let the seller and true buyer see what you're getting for a skim off the deal.Dare you.

Sue you....over $180 bill...... good luck with that..... it will cost them that much to even talk to a lawyer......and at least half that to even file it themselves.I agree with Nathan.....as usual.....My lease states in bold language....

Paige, really depends on what flavor of real estate you are talking about?

This is pretty bold. 

Acknowledging and discovering the many wonderful flavors of REI will keep you "happier and closer to a place of true investing" more times than not.My take on the OP's thread and not having listened to it myself yet is this, I think it may be alluding to the Note game.

Be bold my son, we have 16 year olds locking up stuff over the phone and some guy doing this without ever seeing the property or meeting the buyer and seller (unfortunately one buyer got screwed over, but mere technicality).Why don't you just learn real real estate? 

It's moonshine with apple flavoring.