We only needed to pay earnest money and a portion of the closing fees bring upfront investment to 12-15K.

Hi Steve, where did you get your property tax estimate from?

Yes to the cats - just charge a nonrefundable pet deposit and $10/cat monthly fee

The PM had a plumber go to the house, incurring an after-hours emergency fee, but was unable to assess the exact cause of the issue at night, stating it's either a frozen pipe or pump issue and they need to return during the daytime to fully address.

Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.

Do you not have taxes?

I made a few deals in North Dallas.Special assessments and HOA fees are a risk and renting out a condo most likely won't generate much of a cash flow.At $300k with you credit and saving you can still qualified for a loan for sure we have to find the program that works for you.On that budget you could find a nice place no that far from work so you don't have to move far to the suburbs. 

Appraisal fees should go to the appraiser, not to the lender.Legitimate real estate lenders always use neutral title, escrow, and closing attorneys, as appropriate for your region.

.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.