This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.

Personally I would try to build my list organically with Dealmachine and call the owners.

Nothing against Royse City, its a matter of strategy, but personally I er on the side of better schools. 

Your goals seem to balance future personal use with investment potential.

I'd also buy/sell it in person before the IRS started cracking down.I only had one person pay in BTC. 

We have a pool of firms we've already met in-person and with whom we've done some site walk-throughs.

What a person is stating when saying this is: Hammer or Saw, which is better for building a home? 

Yes you need 5 people per bedroom. 1 single person short and the Sheriff will simply leave and you have to start all over again.

Personally, I’d be hesitant to take out the full $200k right away since that could put a lot of pressure on your finances.

Maybe have a decent sized pool of cash to take care of the occasional roof repair or personal expense, but almost entirely in real estate?