Walking away is better than proceeding and finding yourself upside down and owing money . . . there are always more deals. 

It’s a good idea to have a plumber check this before proceeding.

 @Bill B. in addition, the TAR seller disclosure form in Texas also asks specific questions regarding insurance claims and if the proceeds were used by the seller to make the repair.

To recover the initial negative position will consume many months (usually years) of your cash flow. 

If they say yes, then you are golden and can proceed.

An investor with shallow pockets could get burned in Austin at this time.........proceed with caution.  

Morby had made statements earlier that he then proceeded to contradict himself with, such as contact with wholesalers, requirements in finding deals, requirements and criteria for new investors--who do not have real estate or wholesaling experience--in finding their own deals, etc.  

We’ve been considering the United States, Europe (Spain, Cyprus, Portugal), or the Caribbean, but we’re not sure how to proceed and would like to avoid any major bureaucratic or administrative difficulties.Do you have any useful advice or specific locations you would recommend?

I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).

They have someone assigned to "Consumer Complaints."