Plus many more questions.I am open to partnering with a seasoned investor locally here in Southwest Houston, Richmond, Rosenberg or Sugar Land TX. 

Hey @Bill Gulley Yes I do plan on getting an attorney involved at some point but I want to know which direction I'm going before I start paying those blood sucking vultures by the hour. 

It sounds like there is enough of an arms length from you, who is not related by blood, to a mother of an in-law. 

Sugar coating by saying Hi is a tough cash flow market doesnt do OP any good.   10% of ones income to feed an allygator isnt what RE is about.Being in the game just to be in the game is pure SILLYNESS. 

Dallas-Fort Worth-Arlington (51.6 percent), San Antonio-New Braunfels (45.9 percent), and Houston-The Woodlands-Sugar Land (45.5 percent) ranked third, fourth, and fifth, respectively.

@Mark B. oddly enough having given blood before through the Red Cross qualified me.

That's ok.Basically what you're seeing is sharks circling the smell of blood in the water.

Sometimes, my hot Italian blood wants to go down that road first too, but as you stated, we could end up getting screwed.Nice post.

The areas around the schools with grad students who treat the units well and most have partying out of their blood as they finish the final years to graduation.Then you have some rougher areas around Athens with higher caps but the tenants are more of a constant care thing to extract the rent.

That said, in the event of a problem after the sale, youre still likely to get hit up for cash if the buyer has problems, no matter if your as is addendum is signed in blood.