They do have some good points, but in the beginning the TAR lease is pretty good.Interesting note about TX is that only individual landlords (not recommended) and lawyers can draw up custom leases/contracts, otherwise the TAR lease must be used.The state has a committee that is composed of real estate brokers & lawyers that come together to promulgate the standard contracts and forms used in all real estate transactions.

If you are looking to flip consider you are playing with fire and will get hosed when the music stops.

I think about it as a game of musical chairs.

I don't like to deal with emotions of a rental, nor deal with a snail system of government (and believe me, i know, they compose of 90% of my business as my client), on a uber tenant friendly state, where eviction takes at least 6 months with the help of $100 cockroach eviction lawyers.

But I really wanted to buy another house, and I was determined to make the cross-country move to Music City.

I am hoping you guys can help me compose a list of items I need to research during my due diligence period here before I risk buying an unbuildable lot. 

Was going to cost me leaving an extra 10% equity....when I wanted the full 75% LTV on my new ARV.Fortunately, I composed a 3-page letter w/ detailed explanations on comps and formally asked my mortgage loan officer for a "re-consideration of value".

Maybe it's just a reference to the music industry? 

ASAP - Document everything that has happened, dates and times and occurrences and composes a letter.  

Meanwhile, I went to a music festival that closed-IN people living in rundown apartment buildings.It was surreal.The city literally had an entire section of town off of Fremont St closed off, and people lived in government houses inside the festival.