I'd also like to get instant equity on the deal.

People can tell instantly if you are sincere of not if you are then they will tell you.

You speak with your friend, let the experts work the market and learn from them as you go.That or buy a multi unit dwelling and use passive income as the return on the investment.I hope that gets those wheels spinning.

Have considered the new Instant Pay program from Intuit, but not sure on their fees yet.Im sure this isnt the first time its been discussed, so if anyone knows of a previous thread, please let us know.

Texas law generally gives a landlord the ability to set occupancy to three adults (persons over 18) for each bedroom of the dwelling.

They'll let you know what you qualify for instantly without question - then you can begin to determine your property needs and wants.

The problem I am facing is there isn't much about landlord-tenant relationships where the landlord and the tenant live in the same dwelling.

Another issue is zoning as a special use permit may be required, having special needs or more than 3 unrelated tenants is sometimes an issue.You may also be subject to inspections and ADA requirements, hard surface floors wider doors, etc. it's no walk in the park.After you get the permits and modify the place, you will get higher than market rents (due to mods) but you're also pretty well locked in to renting to that NP/agency, can't really take them to the cleaners as they can move on leaving you with a harder to rent dwelling too.Insurance will be more and you better keep the place up in tip top shape.

Through a google search or two I happened to stumble across this site where I read the beginners guide in one sitting and was instantly hooked.

Fire/Dwelling is what it's called.