You can essentially so whatever you want as long as it does not contradict terms of the existing contract ..

So you went to two different schools essentially?

But if it's zoned for a great school district or has some other amazing attribute like a million dollar view, you will fare much better.

To answer a few of your questions:I essentially will be the work horse:  Find the the deal, I have all of the contractor connects for any rehabs that need to be done, negotiating the deal, and managing the deal.I do not have any of the money in the deal so how do you structure this?  

For instance, once thing we try to do is only look at properties that are in good school districts because I feel that would be attractive to potential longer term tenants.  

Essentially.....

Have you called the health district to see if there is room for new fields, wells, and tanks?

Essentially, if you finance 3 or fewer properties in a 12-month period you will be exempt from these rules WITH THE EXCEPTION OF...balloon payments.

I try to tell him everything that's essential and he was very involved in choosing the house; even spent his weekends while I was working pouring over the listings the realtor sent us.

Does anyone know if it's permissible to tear down a house in Fort Worth's Historic Fairmount District?