@Matthew Paul I like that expression, but I've never heard of that one - does that come from the Indiana Jones, 'switching sand bags' as weights in replacement of a gem stone/chalice scene?

Words can't express the excitement of looking at (and xeroxing before depositing) my first check from flipping a property.

Words can't express the excitement of looking at (and xeroxing before depositing) my first check from flipping a property.

I called my lender and expressed my concern to which she said she would ask the senior loan originator.

Highly likely there is an interesting story behind the 1% conveyance.You'll need the LLC (by a duly authorized member, manager, someone with the express authority to convey -- review the corporate docs and Resolution) as well as the life tenant to sign off on any transfer.

Rehabs are expensive.4) I do not know the Texas market at all (hardly at all) but I have concerns that other posters have expressed issues on price versus the class versus your price versus class. 

She expressed "well I'd like the money, I'd just have no idea what I'd do if I sold."

Tell the agent you know people and you will refer more people to him/her if they help you... that's one incentive.Another incentive is... express long pivotal interest... in what agent does....  

We have not sat down yet to iron out details, but she has expressed either just renting, or rent to buy.

Our approach is to send a ton of unsolicited offers to owners of urban land for the express purpose of reselling the property immediately to developers.