Hi All, I'm looking at a duplex in the Dallas Fort Worth Metroplex area; the seller has just counter offered with an addendum for reservation of the potential oil, gas and mineral reserves of the property.

Whether that is a valid rule in your area is a different question. 

@Cory Ward missing valid pieces of information here like what's the plan on rehab?

So is the remaining 5 years of that agreement still valid or can the estate come after that money?

Anyways I seen one of my drywall side guys at the gas station.

Has a small unrenovated 1 bedroom in upstairs rear, rented for $900/month (tenant pays own gas and electric), wonderful stable tenant.)   

I already have plans to separate gas and electric.

I'll leave that to you and your tax professional...Valid point, which basically means: by taking a deduction now, you eat into your 199A 20% deduction.

They will look at your expenses- college tuition , insurance, food, car, gas, etc to see if you qualify for a mortgage.Also- one option is to get added to your paretns credit card if they have had it s along time with good credit- this will boost your score. 

My point is, when I see posts like these, it re-validates I'm on the right track.Thanks @Frank Wolter