Commercial RE is a bit more strict than the residential market which has more options available due to flexible housing regulations in place to make it easier for people to buy their primary residence.1) Family and friends.

I am sure if you search for standardized RE rental forms in your state you will find one very similar.

RE: the Prime pricing, this actually sounds very reasonable for bookkeeping + filing your returns (again, as long as the return is a 1040 + schedule E's).

Thanks for the info, I just went to my first RE Meetup over the weekend and will be attending this one as well.

And doing a back of envelope math of 50% down to SEV, then ~69 mills rate (18 mills added for investment property) means ~$28k in tax footprint.My current understanding is: The Taxable value of the house will be subjected to re-assessment.

I dont see how the RE market can react to something that is 2 weeks old.  

I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."

I have been to RE meetups in the past with like-minded everyday investors pursuing similar goals, sharing stories and learning from each other, running through numbers, sharing network contacts, and even doing deals together.

Your options are greater ahead of the transaction as opposed to when the transaction has already been entered into.Best of luck to you!

There are also many new construction townhomes all over Houston, so if/when you go to re-sale, most people can buy new for just a bit more (if not the same) than buy your used townhome.