Readers are advised to seek professional advice.

This document officially releases the property from the lien created by the Deed of Trust, and the borrower regains full ownership of the property.It's important to note that the specific terms and legal requirements for Deeds of Trust can vary, and it's advisable to consult with an attorney or a real estate professional in Texas to ensure that all aspects of the transaction are properly handled and in compliance with state and local laws.

Aunt A, sister of parent A, helped co-signed to improve the chances of getting the loan approved and made no monetary contribution.

You can have an attorney draw up some kind of partnership agreement, but that also cuts your ROI and increases your expenses potentially for tax advise. 

A good agent can/should advise on these matters!

🤔We always advise our clients and tenants that text messages are accepted as constructive notice and we use text messgaes for clarity and proof of conversation.

Thanks in advance for the advise! 

We are open to getting a home renovation loan and finding something cheaper and renovating, but we still can't get into the prime areas for the budget.We have been advised to make sure to choose an area insulated with good schools and parks but that's just not possible with our budget unless we go to the suburbs, which we are not willing to do.

@Anthony Blanco my advise is always the same on this. 

You can use one EIN for both entities since you're operating under the holding company LLC, or your CPA may advise obtaining a separate EIN for tax purposes.Ensure that the bank adds you as a signer using the company's EIN, not your SSN.