I've been renting all of my adult life.

She entertained this for a couple of minutes, until I asked if I could make a cash offer on the house...."

Reference the Bexar county property, I suspect that it will have to go through the auction process before the Tax office would entertain a discount in the taxes owed.

It is informative and entertaining (how was that @Brandon Turner - please send the promo fee to...).Good luck.Tyler

She has spent 35 years in foster care and is looking to provide a stable environment and be a supportive adult for children in the foster care system, as well as at risk teens.In the past 4 years she has had 20 foster children in her home, with four of them staying for more than 2 years.

My three questions:1) Should I require each adult to complete an individual application, with that application including a section to list other adults who will be residing there?

Hi Steve, reading your post was quite entertaining because I was looking at using the exact same strategy for the same area.

They may still use those pools to reverse-syndicate apartment deals, but you used to have to push 50 or so investors to them before they'd entertain raising capital for you.  

In our state (NC) the “standard” Offer To Purchase and Contract form (NC Bar 2-T) supports seller financing via line 1(d) entitled BY SELLER FINANCING and the accompanying Loan Assumption Addendum Note though that virtually no NC brokers will entertain a lease with option to purchase deal because the old “standard” form for this kind of transaction is no longer available from the NC Bar, NC REC, or NCAR.

I tend to pay attention to my gut feelings.I'll get into the higher price ranges eventually, but I really feel like I need some proven successes where I am before I start moving up.The room rentals are 6 month leases and they are rented mostly to adults (mid 20s through mid 50s right now).