Also references from other people that say that you keep a neat and clean houseThen I would do some kind of lease purchase arrangement and not a lease with option, will you put 3% into an account, Lease for 12 months, keep your credit strong, and then buy the house.

Also, thank you very much for keeping our freedoms.The DFW market is strong.  

Assuming you did adequate screening then your task is to be sure you are establishing a strong system of reminders so when the 1st of the month arrives there is a clear expectation of rent being paid first.  

Within 3 hours is strongly preferable.  

An LLC with no real purpose and without a strong Op Agreement will satisfy just that:  no real purpose.  

As a realtor, I have a preferred lender that I strongly recommend my clients work with.  

In Mississippi, I'm getting 5 yr. terms with 10 to 15 year amortization for properties with strong financials, meaning debt coverage.

If this is your first deal, I would strongly recommend buying a small multifamily while also living in one of the units and renting the others. 

I strongly believe that holding onto the "9-5" for as long as I did has actually cost my RE business money and growth potential. 

I strongly suggest that you spend some time learning at least the basics before jumping in.