I'll keep you posted as it unfolds over the next year or so for funding.

About the situaion you seem to be in.Start your business and let it unfold with you at the helm.Enjoy the process, and good luck.

I'd love to speak with you regarding your real estate aspirations and will shoot you a PM momentarily.There are quite a few Houston-area folks on this site and pretty much all are happy to assist in any way they can.We look forward to you sharing your success stories with us as they unfold!

We've never seen this situation before, and we'll learn as it unfolds.

Further, since I am needing a bank loan, I'm taking some amount of comfort that a proper process will be followed because the bank requires it (appraisal, title search, inspection, etc..)Maybe I should just ask you directly, how might this process unfold in a way that is different from residential that representation might be best?

The actual cash flow will unfold itself once I took over in next month.

Thank you @Brian Gibbons and Bill Gulley , I will let you know how things unfold, and other questions.

I'm waiting for my exit plan with my investment portfolio to unfold then switch to real estate probably in the next year or so.

It will be interesting to see how it all unfolds.

I would guess you are closer to 10,000 minus taxes on the income if any - still not bad, and if you get out of the property soon enough, you won't have to replace the roof or any other soon to occur major expense.Keep us informed on how it unfolds.