Perhaps pointing out if you guys don't spend $20K on services and instead save that and get compound interest. 

Problem solved.I bow to your superior intellect of Texas Quit Claim laws.

Overall, I'm taking a long view of this endeavor....this is a very expensive deal, but not as bad when I consider the deals that I can roll these net proceeds into and compound from there. 

Like the great Albert Einstein said "Compounding Interest is the 8th wonder of the world".

It compounds your problem because even tho you can have excellent cash flow they won’t account for it in your debt to income analysis.

Not every seller wants to carry back financing, and while lending standards seem to be relaxing, DTI is still a big reason for people being turned down for mortgages.Whichever way you choose, I highly recommend looking into debt consolidation options so that you can at least curtail the compound interest on your debt.Good luck!

And when mixed with the power of compounding, real wealth can be generated from a relatively modest investment.The real return on real estate is not always easy to see, which is perhaps why investors do not pursue it as actively as investments in equities or fixed-income instruments.

Ouch.. 200-300 dollars per month for an indefinite period of time that will never compound in your favor...Consider looking for a duplex, triplex, or quad in your target neighborhood that cashflows.

In 15 years your money would compound to $400,000.

We just completed are first flip in Bow and just bought a 5 lot single family association in Hampton; We are excited and nervous at the same time, we weren't really looking for developments, but numbers worked out so we will see!