I can't remember, but it turned out that since I kept paying my broker 1%+ every time I re-financed my principal never decreased.

They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit. 

.- Check with your insurance agent ASAP.You'll need to file a claim and get a claim number.Try to get an insurance adjustor in ASAP, so you can start pumping water out, removing all water damaged drywall and get dehumidifiers in. - Note: the insurance company's adjustor will try to minimize your claim amount.

They will also dictate the terms of the loan, how it's filed, qualifications, etc.However, if you mean PML as in your friends/family that have NO experience in real estate and just have money sitting around...then I would certainly to counsel you to lean on some type of mentor or other experienced investor in Houston on what to do. 

I’m a licensed agent in multiple states (my Arizona license number’s on file if you need it), and while I’m not your attorney or accountant, I’ve seen more real deals than I can count.

Interest always paid on time, and principal was returned with bonus right on schedule.

Those records not only helped with tax filing but also guided future projects by showing what provided the best ROI.

You don't have to file "Trust" documents in order to hold a tenant security deposit in trust.

You can make exponentially more with leverage and phantom income (principal payday, future cash out refis with rentals to scale up and appreciation).

In my lease, rent is due on the 1st and late on the 6th (and I file eviction on the 10th).