A few months ago around Christmas time we were doing a bathroom remodel for a new homeowner on a house that was flipped, the master bathroom was a disaster, there isn't enough space to go into all the things wrong, so I'll just tell you about the bathtub - jetted tub they bought from Home Depot, so it was a de-engineered Jacuzzi model, low horsepower pump, less jets than the non Home Depot version, but it looked new and shiney. 1) Tub wasn't sitting on the sub-floor, was suspended by it's rim, even it they had built the tub deck correctly to size based on everything else I sure they wouldn't have poured a mortar base for it to sit in.

. ;-)   But it's NOT a cap rate, NOR a crap rate...mmmm  can we call it a de Hart rate? 

My wife and I just purchased what we see as our "forever home" (5.5 acres in town at the back of a quiet cul-de-sac) and we're moving to that property in roughly 75-90 days.

I am looking forward to getting more involved with the Bigger Pockets community.A little about me...I live in Delaware and currently work for a small start-up brokerage.

I'm not licensed in TX, but here in Delaware banks & short sale attorneys are going to respond better to the standard contract.

Two very typical states for Entity creation is Nevada and Delaware, for the tax treatments they create. 

Another drawback is lets say a DE underwriter declines a borrower for FHA, and that borrower goes to another lender for a FHA loan, the new DE underwriter can see the previous DE's notes and likely will not approve them. 

If they didn't put fans and de-hues in your unit to dry it out, you might have mold.

At the same time they are de-incentivized on educating the (now paying) audience they built on the drawbacks and dangers of following their program.

You need to know the law around real estate in the state of Delaware.