So we may slow to more normal rates for Dallas.  

Let me be real clear that this property was so unique that it would be a gamble as a flip, so it only made sense if we were going to either a) live in it or b) rent it or c) do both, live in and rent it.

I have heard that mistakes and fear are pretty normal.  

Secondly, even if the bank will allow a short sale, they still want the highest sale price possible and thus will demand full exposure to the market, so it will normally get listed on the MLS with an agent.So - let's say you find a short sale that's worth $175k as-is.

Most Property Managers do charge for tenant renewal or the initial securing of the tenant (normally one full month rent).

Please tell me this is normal.

Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

I couldn't see anything that looks like clock wiring in these pictures that were sent to me either, although I'm not exactly sure what clock morning specifically looks like everything in the photos that was sent to me seemed like normally insulated wires.It is comforting to hear that that isn't exactly a normal occurrence though, I don't have and insurance company that I am loyal to at the moment since this is the first property I'm purchasing and I plan to do some more insurance shopping after purchasing this one, timing is just getting tired at the moment foreclosing.I hope to have an update from another insurance company tomorrow morning

Everything that you listed is a normal process of subdivision which is independent of assignment of a new parcel number to a vacant land.

Just try to do what is normal for that neighberhood.