I see the infinite leverage model that has been touted by so many, and I think it is flawed on so many levels. 

What snags did you uncover? 

It's just that they know so many things that aren't so.”Some points to consider on the topic of this thread:The Texas laws, as originally written, regarding certain types of transactions discussed here caused quite an uproar.What happened later was virtually overlooked, in that the laws were significantly revised before they were passed.But almost everyone out there still believes that the original proposal with it's complexity and flaws, was what was signed into law.

I owned a house in a nice HOA for 6 months while I worked on a title flaw and did a rehab. 

It is one thing if you have a building inspection which uncovers something major and return to negotiate a remedy, it is quite another to put pressure to lower the price simply because you offered an amount over your comfort threshold.  

Actually, we spent two hours on the phone with some potential investors trying to uncover what I know they were looking for.  

Section 8 is not such a bad thing, yes it has flaws just like non section 8, and as far as the tenants, tenants mess up non section 8 just as section 8, the key is screen your tenants, just because we on section 8 doesn't mean we're just mess ups, section 8 is needed for low income ppl and elders, 

Address is for property an agent that called about a few days ago and needs help with a massive title flaw.  

And will have bigger problems down the road as the investment ages.3 - It strikes me as a flaw in thinking that you didn't calculate, or forgot the cost of money.  

The seller has accepted my letter of intent, and this initial due diligence phase has uncovered some discrepancies.