Check with your employer/benefit plan, some have rules that if its not your primary residence that you need to pay back the loan within 5 years, some plans do not let you make additional payments but allow pay off in full as early as you want, also if you leave your employer anytime before the loan is due, you may have to pay it off or pay a penalty.  

I've also heard of them going down 50% after multiple price reductions / DOM.

Could additional provision added to a Texas standard lease overwrite Texas Property Code 92? 

A quick question on entity structure and insurance: As I'm planning on investing in multiple properties over the long-term, I'm considering forming a series LLC in Texas, which has several benefits in terms of administrative cost reduction (relative to having an LLC per property).  

Hi @Amiris Brown If this is your first purchase i wouldnt recommend starting out with a big project like that...usually it turns out bigger than what you thought... in any case if you really like that property and it has lots of issues i would suggest send the listing agent a backup contract. these usually fall through and you might be bae to pick it up at a lower price. also fnme- homepath stopped negotiating high price reductions about a year ago.. but they usually have an automated system that reduce the price once a month..also something very important to consider- if your'e planing to buy this property and keep it as a rental- because it has lots of mold you have have to get a remediation certificate that the house has been treated and clean. otherwise the tenants can hold you liable and take you to court if they feel the property  still have mold ,that can be very costly... 

You are already saddled and stressed with debt, I don't think you need an additional dose with hard money, unless the deal is one in a life time.

I will do some additional research as well.

You have 60 days to move into the property, then must occupy it for an additional 12 months after you move in before you can move out.

Some relatively simple formulas can make it almost automatic and will suit your needs.If you want to get additional features support, my personal favorite cloud based accounting platform is Xero, but also Quickbooks is extremely popular with lots of customization options.Let me know if you have any other questions.

In addition to all this, networking online and offline is a top priority.