Crime and Tenant Quality: With the higher crime rate in 76104, how much impact could this have on tenant retention and turnover?

It's meant for gap financing, so you can't compare it to a DSCR or some other kind of first position financing.  

Usually an investor in that kind of financial position wants to have the home they want not live in their investment. 

This location has been at 100% occupancy for years.Cash impact of $15,800.Less P/I- Bank note at 5 years on the $39,000 at 7%. 

It may vary from others' advice, and it will be up to you to determine what feels best for your needs.In your position, it is super smart to rent first. 

This community is great for getting all the different perspectives in real estate and learning from others.As far as the LLC vs. personal names goes, like everything, there are positives and negatives.

Your position won’t recover for 15 years.  

Buyers and investors who position themselves early will have the advantage over those waiting on the sidelines.For those looking to secure financing or explore investment opportunities, now is the time to build relationships, line up funding sources, and identify target properties before competition increases

With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.

With out knowing your actual cash position, it is tough to tell.