I have seen many investors get stuck on deals or do things the wrong way so I do have experience on what not to do(if you know what I mean), don't worry to hard if you cannot pull this one off, another one is around the corner.

He didn't say anything about doing it on the first or what not, but either way, I'm giving fair notice.

Now that I started thinking, If you had a school near a lake you could also do boat storage and what not that way in the summer months you get students and winter months you get boats.

from what I gather, the previous home owner had a Fannie Mae reverse mortgage so there is some sort of guidelines as far as purchasing and what not. 

Just wondering if anyone can offer advice regarding best cities to invest and ares within the cities.We are looking for 3-5 Properties...Just looking for friendly advice of what not to do and what to do in the state of Texas.Brian 

For me my parents owned real estate and as a child I saw a lot of what not to do.

After reading that, you'll know if you have the stomach for it and what NOT to do. :) I don't know anything about VA so I can't compare the two.  

That's more of a personal question john because many would say go down the rental road for security, cash flow and what not especially since you have a family but It also depends on your drive and level of success you want to reach within the real estate industry.The two scenarios:1) If you purchased a house for cash flow ( income producing property)You would be able to quit your job and be sustained by your cash flowing property.

How does this way work and what about closing and what not?

I'm wondering if I should follow up with a condolence letter and still let them know I am interested in the home so they don't have to go through the trouble of listing it and whatnot?