C/D areas seem good for cash flow but in reality evictions, limits on housing authority vouchers, and a more unstable tenant pool means the returns are almost never as good as they look on paper, unless you're a very experienced investor working in your own market (saving money on management fees).

If that doesn't work, it would be time to break out the pen and paper and start writing letters to multi fam home owners using the Harris County Appraiser's site.Good luck in your first deal!

It's another thing to plan it out with pencil and paper (or spreadsheets and apps) each month. 

But you would have to put responsibilities of each of you on the paper, preferably with the help of a lawer.

However I’ve reached out to my Previous lender and she stated the equity would be considered paper equity and I’d need to physically pay in 20% on my own before they’d remove PMI.

(HOWEVER, DO NOT CASH THAT CHECK or print it out BECAUSE YOU ARE JUST CREATING A PAPER TRAIL IN QUICKBOOKS. 

Inspector came back with disappointing news on a deal I thought was golden.... all brick structure was built in 2002 with out housewrap or felt paper, just brick veneer and osb sheathing behind.

Get them to sign a lead paint disclosure paper so they can’t sue you 

There is a BiggerPockets forum on notes and tax liens too if you haven’t checked it out : https://www.biggerpockets.com/forums/70-tax-liens-notes-paper-cash-flows-discussion

My next agreement will be worded very carefully and they will have to check with up before they change the toilet paper roll!!!!!