Inexperienced investors tend to (1) get exited about deals without having the experience, knowledge or ability to properly determine if indeed the deal is good, bad or mediocre, (2) take what the seller says as gospel not realizing most sellers will exaggerate, lie and or withhold vital information to get what they want, (3) engage people who will provide opinions for free rather than pay a competent professional, (4) get emotionally caught up in the deal and very defensive when receiving an opinion or information that doesn’t support their dream, and rationalize that more experienced people who point out flaws are “jealous, negative or haters”.Btw, no one can provide any knowledgeable answers to your questions without first analyzing the deal, your ability to come up with a down payment, your credit capacity and banking relations, if you have a track record, your experience with similar property ownership, etc.

From an actuarial standpoint, I would be completely shocked if there was any data to support a greater risk of claims based on the length of a tenant's lease.

I really appreciate the kind words and support!

I’m sure there are a wide variety of physical therapist business models out there (providing different levels of support)...real estate brokerages are no different! 

This was a long term hold where at sale the apartments where rented for $1,100 for the second floor unit and $1,500 for the first floor.We decided to sell after realizing what sale price the market would support and moving our investment to another learning challenge.

For rental property I would rather refurbish the existing cabinets and put a new countertop and new backsplash than install new cabinets if the cost savings support it.  

As always, thanks a lot for all the help and support in these forums:)Alonso

Update, In texas you can not exclude your spouses debts. you can only keep the spouse off the loan if your income alone can support the combined debts plus the new loan.

How To Clear Title After Probate 5 Heirs - 2 Heirs Have Liens (Unpaid Child Support)I bought an un-probated property Subject To.

I understand that most markets don't support the way I invest.