Gas, water, elec are unnecessary.

I allow for tenants to use gas fireplaces, but do not permit tenants to use any wood burning fireplaces.

You then use that logic to say that swapping a mortgage for a HELOC in first position is not a valid strategy because the numbers can be replicated by keeping the mortgage.  

Would generally love to connect with anyone who has experience in the rent by the room model as this is my first time using this strategy.Thanks in advance :) I would rather eat gas station sushi then invest in a rent by the room property in Cleveland Heights.

I read through the Landlord-Tenant laws regarding breaking a lease in TX, and my understanding is that he needs to give a 30 day written notice with a valid reason to terminate.

Basically looking for someone to pick up the phone and validate. 

The only source for the local knowledge you need is an investment team.Also, an experienced local investment team already has the skills, processes, expertise, and resources you need to identify, validate, renovate, and manage properties, saving you time, money, and risk.Working with an investment team usually does not cost more.

One of the exemptions would be having a valid breeder's license in the city. 

;)Michael's response here is the most valid one and is summed up by "it depends".

I should note that generally speaking, without some form of "consideration" (i.e. an earnest money) a contract is not considered valid and so it's arguable that there was never an executed contract in the first place.