-There is a vent just above the stove, on the wall left of the stove (you can't see it in the picture) which I believe is supposed to be for exhaust from the stove, but it does not have a fan in it. 

In the long term we do want to move into this house when we move back to CA in 3 years, so this is more than an investment, it will be our home down the road, but needs to make sense as a rental first.So all of that said, besides a little number crunching we don't know anything about having a home built.

The note servicing company will make sure taxes, insurance, underlying mortgage are paid before sending the seller any remaining monthly funds.This is by no means an exhaustive list just a start.

Although I do believe investing is best when you can drive by in less than an hour.I have invested in Florida for 30 years.

In less than an hour you can likely find out if this is even a possibility. 

But this seems more a labor of love than an investment for you.

Moderator,, this is not a solicitation, US Commercial doesn't do Fannie loans and we always suggest borrowers exhaust any conventional funding sources before going portfolio.Hope this helps,Stephaniehttps://www.fanniemae.com/content/guide/selling/b2...

Conroe is also very close in proximity and much cheaper than an area called The Woodlands that many companies are relocating offices to...while also still being close enough to Houston that you could commute from there.

This is more of a rant than an informational post.

However, I only had to put down 20%, so no different than an investment property, maybe even a little better if not 25%.