Are you looking to convince people that Texas is great are you looking to convince yourself?

If you can get a 100k Personal loan then go for it.

It simply amazes me how many landlords never look at the law until they are hit with a non-paying tenant or some other issue.  

Also, i had replied before, but it was taken down.

Don't worry about it.

Do you have a deal that you are working on currently? 

It has ZERO impact on your heloc rates.

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

It is basically a VA loan and from my experience, you have to purchase as yourself and then change into your LLC after close. 

They do have strict requirements.