Texas has the #2 defense in the country right now and I suspect they will stay near there if their stinking offense can move the ball.

Unless your crystal ball is calibrated precisely or is a newer model than mine rent escalators, inflation rates, zoning changes, etc. are all GUESSES and thus a more complicated analysis is dubious at best.

If the buyer want's to exercise, and you can't get the seller to actually sell, you'll be stuck.

Most personal umbrella policies cover not only your investment properties, but also your home, auto, boats, motorcycles, and stray golf balls on the course.

My background is in building design and construction, although on the commercial scale, I still think it will help me.Besides the inexperience obstacle, I'm having a hard time concentrating my free time effectively to get the ball rolling.

This is strictly an exercise.

Worth a chat with the existing lender.If they won't play ball, he should sell.

If Option is not exercised before 3 years, I will take out a loan for the remaining balance or assign the contract to another investorCurrent balance on loan is 54,000.

One of the front windows has already been broken either by a kid's ball or someone trying to break in.With an REO, if I get to the day before closing & do final walkthrough, and find the place has broken into and messed up, squatters, etc., is it possible to back out and get my EMD back, or else get a credit from the bank?

Rentometer.com can give you a ball park estimated for you rental properties.