There is virtually no reason to keep “cash” on hand for repairs. 

Don't know what their success is, but I see 3 places all lined up in Denison near downtown. 

@Clifford Pereira Here's an article I wrote on REPS status that you may find helpful!

On top of that, we'll see a booming economy. 

Again even if you have great credit as you start to add more credit cards, mortgages, auto loans to your credit you can also be viewed as "High risk" due to Excessive trade lines in credit or higher DTI - debt to income ratios. 

Along these lines, we send out a weekly newsletter to our list, sharing things going on in our market, as well as more macro, in the real estate market and economy.

having a HELOC to have an emergency line is smart since if you really need it in a crunch you could draw funds within 1-2 days or less in most cases.

On insurance side of things, there is a lot of variables.

The house has been on the market for many months..."

Yeah, it is based on the state's regulators.