This negative position can consume years of cash flow to recover.

Make sure you do it through a registered agent service. otherwise, your name will be on all of the paperwork going through the SOS website. 

When I was going through the mortgage property the loan processor (didn't really seem like he knew what he was talking about fully) mentioned I can't put the house in an LLC because its an FHA and it might make the loan Due on Sale?

So many dont file tax returns and if they do, its through non English speaking connections so its a dude.

This offer would not seem attractive to middle America because it is not cash flowing as much but I would say this property will conservatively appreciate 5%+ per year.

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.

I wonder if the base over flow will continue into the future?

I'd be happy to help you with that and also run you through closing costs here in the city of Chicago as well.

It must be hard thinking about this stuff and going through the grieving process. 

So I’m hoping that after a little while I could refinance again for lower rates and hopefully have more cash flow.