I was at an even with a bunch of the chapters today in Long Beach and it was great.

The Texas law that addresses the return of security deposits can be found here: http://texaspropertycode.org/chapter-92-texas-property-code.html (click on "Subchapter C.

Chapter 7, mediation, appealing denials, etc.Borrower has offered to pay $700/mo, which is 50% of thier income.

I will certainly lean on BP as I begin my new chapter of investing in RE.

I have one more chapter in the beginning guide to complete.  

If you are able to do that then allocate at least 2-3 hours of study time per chapter in a quiet place.

After speaking with the seller, who is an 72 year old real estate investor looking to move on to the next chapter of his life, he give me some information about the property: rent roll is $103,000 annually, occupancy is 100% and currently there is a wait list, there is no property management company (he manages the property himself), cap ex, insurance, and taxes are roughly $21,000. the 20 unit complex is split among three building where two building have roofs that are eight years old and one building's roof is 18 but "in perfect condition", each tenant is responsible for their own water, sewer, electricity leaving the seller only responsible for taxes, insurance and upkeep. 

For those ADUs created through a garage conversion which meet the criteria in subsection 7 above, the parking required for the primary dwelling unit shall be in compliance with the current parking requirements as specified in Chapter 19.336 of the Zoning Ordinance.9.

He wants to turn over a new chapter because he’s sick and tired of going to jail.

—In all criminal cases, contempt cases, and other cases filed pursuant to this chapter, if a party has sold, leased, or let real estate, the title to which was not in the party when it was offered for sale, lease, or letting, or such party has maintained an office bearing signs that real estate is for sale, lease, or rental thereat, or has advertised real estate for sale, lease, or rental, generally, or describing property, the title to which was not in such party at the time, it shall be a presumption that such party was acting or attempting to act as a real estate broker, and the burden of proof shall be upon him or her to show that he or she was not acting or attempting to act as a broker or sales associate.