However the property is located close an impacted water body and over the course of the next 2 to 3 years there is a study being conducted to determine if the septic systems in my area are contributing to the pollution of the river.

For the REIs and realtors in Houston, have you noticed, or do you know if the market values for the areas and neighborhoods where homes that were flooded were negatively affected?  Area's like the Galleria, Meyerland,...

Can't say how it impacts what they think of you but I like to think it makes them remember you a bit longer.

Assuming they are reporting to your credit report.In addition, because a home equity line of credit is a revolving debt your loan balance to high limit can have a negative impact down the road with your credit score.To answer your question directly it would have an impact on your DTI (debt to income) ratios on your loan application and potentially an impact on your credit score after you close.

If you have to make a grouping election to satisfy the material participation test, then that can impact your ability to deduct the suspended losses.

I don't know how using a VA loan will impact your ability to use the rent on your current property as income, but I have been able to do it on non-VA loans.  

Where or how I buy has a direct impact on my profit.  

The oil field work is 14 days on, 14 days off so is a big impact on the family life so he doesn't want to do that indefinitely.  

So even if the ARV drops to 400K i can still refinance to pay off the hard money.Also i included management to see its impact.

If you own property in California, has the drought had any impact on your properties, your tenants, what you can and cannot do with your property, etc.?