But the property could be an incredible deal and also would be a very special property do to its location and potential to be brought back to life. 

Companies like PolicyGenius do an excellent job selling personal lines coverage (property/casualty and life, mainly) more easily (and maybe more cheaply) than your local State Farm agent.

Now your husband may be willing to take these on but that is not much of a life for $500 per month. 

Respect their time by giving them the information they need to include or exclude your listing quickly, and then earn their respect by answering all correspondence quickly.Making life easier for the frazzled person trying to do their job is its own reward.

I didn’t go with his company to set up my life insurance policy.

They are packed with experienced and new investors and are the best way to get the confidence in real life to add to books and podcasts and these forums.

I know, there are plenty of red flags there, but I do believe it is worth the risk when I consider how happy it makes my wife, how life-changing it will be for the family, how minor the financial impact will be on me, and how it gives me the opportunity to practice the steps of real estate investing with forgiving tenants.Finally, I am going to attempt to self manage as nothing comes close to cash-flowing if you include PM costs.

As a moderator can you guide me:1) Is there a syndicate in BP which has gone through all the 4  real estate life cycle (recovery, expansion, hyper-supply, and recession) ?

Thats over 5X your current rent per month so you have to ask yourself do you want to live in CA for the rest of your life?

You would want to look at the Texas Health and Human Services Commission website.