The trick is to stay strict on the formula, but once you find that right property (and you will if you keep looking), act on it quick. 

You must follow it to the letter of the law as stipulated in the Texas Property Code sections 24 and 92.

We have a 'strict' cancellation policy though. 

The eviction packet the county provides includes the "UD-100 Complaint - Unlawful Detainer" form, but that form states on the bottom of the first page "Do not use this form for evictions after sale (Code Civ Proc 1161a)". 

Greetings Looking into the Tax Lien Code seminar.

@Mary BurnsA 1031 exchange with a related party, such as purchasing property from your mother's estate, is allowed under IRS rules but comes with strict conditions.

You might also qualify for the de minimis one that you mention since it is line item amounts 2,500 or less.I don't see this as strict adaptation, and nor would it be betterment or restoration.

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

I wanted to ask the the group if anyone has used alternate means of raising capital, strictly to buy another piece of investment property.I am new to the group and looking forward to any dialogue. 

@Sweta JainHi Sweta, 92126 is a good zip code as it has a decent school district and is really close to UCSD and biotech companies in Sorrento valley.Poway 92064 is known for its school district, some pockets of 92129 are under that school district.Check out 92128 as well.