Texas does have some general HELOC and second loan cash out restrictions with many lenders..Check in with @Joseph Chiofalo for specific guidelines. 

@Dan Thomas That's assuming you need to fly to check out properties you are interested in.

Sorry for all the question, just trying to get a feel for this and they just sent me an offer to check out the Panama Coffee farm.

that works and sounds like they are small balance loans.. so just make sure you keep cash available to pay them off if they are called.. you dont want to bugger your credit with a default .. only way to keep that from happening is to stroke a check.. wraps are great if your properly capitalized.

I will check out Brown field though I would love to develop a hanger project !!!

It takes to long which is a problem, but I cannot write $10-20k checks to have someone else do it, nor would I be able to continue to buy houses if I was paying contractors.

I specifically need really user friendly accounting features (including ability to sync with quickbooks and print checks directly from the site/software), customizable online application, and online rent-pay as an option (hopefully with free or very cheap ACH). 

It earns more than a regular savings or money market account.

[Source: Census Bureau]TP: This increase in MF supply should help to keep rental rate increases in check, which should also be good news for “shelter” costs and overall inflation.A 5% cap on rental rate increases?

In that case, it's important to check out the T-12 (trailing 12 months) financial statements.Looking at the T-12 is key because utility costs can vary a lot from one property to another.