SELLERS MAKES NO WARRANTIES, EXPRESS OR IMPLIED AS TO THE CONDITION OF THE PROPERTY OR IT'S SYSTEMS."

I don't want to imply my perspective as I find it to be poor in taste when communicating effectively. 

Waiver.No waiver of any default of Landlord or Tenant hereunder shall be implied from any omission to take any action on account of such default if such default persists or is repeated, and no express waiver shall affect any default other than the default specified in the express waiver and that only for the time and to the extent therein stated.

Are you implying that a house up for sheriff sale allows inspections in advance of the auction?

TX is a one-party consent state so any implied offer and acceptance of terms can be considered to be equally as valid, although in writing is far better (can't stress how helpful this has been for me).Even though this is a difficult situation for you to be in, it's infinitely better to consult with an attorney that can either help or verify your abilities and decisions to resolve this.

I've seen numerous listings that imply 6-8% is the "market cap rate".

She only paid for a few days in May and rent is due in a few more days.3) Would any type of refund imply fault on our end?

No recommendation implied, I just use it when I have billboard questions.

Now obviously even at 50% leverage real estate should probably outperform other asset classes, but then you get down to your market and the appreciation potential (the fact that prices are up so much implies less growth moving forward) and basically the headache factor in the sense that if the returns in an bond/index fund are similar it’s obviously even more passive the r/e.

Frank (of Frank and Dave) is an amazing trainer.