I see the wholesaler win this battle all the time in this market.  

I know a multi millionaire that love car payments, because (according to him because ive asked) " don't want to battle insurance for my money if something happens to the car"....i dont understand what in the hell thats supposed to mean, but it makes sence to him.

@Brian,great insight... this decision is what I'm battling with at the moment.

When I started posting on BP, I forgot that not everyone is in my personal situation (income, experience, etc..) and therefore the advice I gave based on my personal experience may NOT work for a lot of people.Someone who is struggling to live paycheck to paycheck with a losing battle with credit card debt needs to listen to Dave Ramsey before even approaching REI (real estate investing).However someone who has financial means to live below their salary to save enough to buy a rental property should use leverage.  

Sewer drain lines that were run uphill, causing rot in galvanized elbows.

When you're in the low income space it's always gonna be a an uphill battle.

Thanks also to @Brandon Battle.

At least they're out so you don't have to fight that battle.

If you are looking to network in the Houston area I know there are a lot of good meetup groups that give up to date and battle tested advice.

Next I have a 38 addendum lease (https://www.biggerpockets.com/renewsblog/2015/10/17/38-addendums-battle-ready-lease/) this outlines everything al of my expectations.