MMGs meet regularly to share ideas and critique plans in a supportive, confidential environment.Although each group establishes and agrees to its own parameters and procedures, successful MMGs are generally based on the following principles.Group Criteria:•Maximum of 8 members, to allow time for everyone to share at each meeting.

Dan Martz:We are very clear in our lease (actually the Schedule A attached to it) about the procedure for breaking the lease and the obligations of the tenant.

I may hang it up or find a dental practice to work as needed, if it all.

What are the best methods /procedures for screening tenants ?

As a college student (assuming you plan on staying in college), I’d pick a major that will guarantee some level of $$$ = engineering, medicine/dental/nursing, finance, etc.

However, I know that 1031 Exchange procedure has very strict rules about personal use of the property.  

I want to buy/hold around Texas A&m dentistry in Dallas by next year or maybe near the 2 dental schools in Houston and San Antonio.

You would gain access to their forms, policies and procedures, and much more.

Select your partners wisely - Realtor, Lender, 203k Consultant, and ContractorREALTOR - it's recommended to work with one that has done a 203k in the past so they know what verbiage HUD wants to be added to the purchase offer contract and how to structure the deal.Lender - advise you to select a lender with verified 203k experience; the lender is the quarterback in the process, controlling the rules, paperwork, processes, procedures, and if the lender does not have sufficient experience with the 203k, your entire process can look like the Cleveland Browns on a Sunday afternoon.203k Consultant - The 203k Consultant determines the scope of work and pricing for the project and inspects the completed work; the lender is responsible for selecting the 203k Consultant (refer to Lender paragraph above).

Depending on how you set up that initial agreement you may have additional procedures that should have been followed to legally regain possession.