.$500 is not enough to warrant his disappearance. 

The biggest difficulty is getting the properties at enough of a discount to warrant a wholesale fee.

However since we had a lease agreement still under the term that was assigned to us at closing, we could collect on lost rents till the place got rented.Within the last few months the old tenant got a free attorney, they mounted a warrant in debt lawsuit not against my management company, not against the company that owns the properties in question, not against the parent company, but against myself for some odd reason.In the legal world, this is known as a lawsuit against an improper party, and it can easily be dismissed if the defended provides proof that they are not the correct party to be sued.

Hi @Charles Kennedy,I've seen a few deals done that way, but mostly as a cash-out refi using a commercial loan after the borrower had already acquired the property using another source of financing or cash (even though no improvements were made to warrant the increased loan amount). 

You will not have a warrantable deed in Texas, and will have difficulty when you go to sell the property.

There's nothing "manly" about using commercial lenders... it's not "stepping up" to go to them before warranted and necessary... what it is in fact is stupid.

Having 10 properties does not seem to be enough in my opinion to warrant the risk of self insurance.

Not totally opposed but if the circumstance warrants it and I feel it is a good move I'm in.

Is this a warrantable condo?

As a package deal, it warrants a discount for market value.