Texas Law allows a landlord to declare a property abandoned and take possession. 

What would everyone recommend for how we declare ownership? 

These charges shall be paid by Tenants as additional rent and shall not in any way affect Landlord’s right to declare default under this lease for non-payment of rent.6.

Easy for owner to quit and shut down to move with just a few desks and folder with phones versus a retail storefront that needs visibility and keeps the place inside looking good for consumers who patronize the business.If you go for office make sure it's not condo as you are not controlling declarant in most cases and you can have ongoing costs plus special assessments that are out of your control.

@Gina Cardarella Its a tough market to find deals in on a budget... although I’m trying to work on no longer having to only look for deals in my self declared “budget.”

“Leasing” for purposes of this Declaration, is defined as regular occupancy of a Lot by any person other than the owner, with orwithout a written lease agreement, for which the owner, any relative of the owner or any other agent of the owner receives any consideration or benefit, including, but not limited to, a fee, service, gratuity or emolument.

The conventional mortgage - min. 35% down payment - is a fit for those who cannot provide confirmation of declared income in Canada to meet the standard income confirmation guidelines and have not had sufficient time to build credit history that would allow them to qualify under the bank's traditional mortgage financing programs.

(Now that I think of it you may have to talk to a cpa or lawyer about what amount you have to declare al income, what they have to declare as interest income, etc. ps.

They will invite all the neighbors to a hearing about it and if there are any objections, they will deny your variance.An alternative to this that I have commonly seen is condominiumization where the land the home on is declared common to the association you create and then each house is deeded separately.

They are not allowed to erase capital gain taxes by moving into that property and declaring that it's a personal residence.