He had data on the taxes and insurance.

I want to get my financing within an LLC and it’s very difficult to find a reasonable interest rate.I have worked 25 years to build a modest net worth and will not risk losing it in a frivolous lawsuit by not having the proper legal entity in place that only costs a couple $100 to create and protect my life’s work.People who advise that an insurance policy alone is enough are not necessarily correct in my opinion.

You don't indicate what your loan basis is - but on basis of $125K your Monthly P & I will be around $710 Plus Insurance & Taxes. 

On the notes I hold, I need to make sure the cash comes in and the property tax and insurance are paid.

Although I'm not sure if flood insurance would be covered in HOA fees.

I just finished a home inspection on a three-family I have under contract and there is a basement apartment that has recently been re-done (new walls, ceilings, kitchen, bathroom, flooring, plumbing, etc.)

Also, mortgage insurance is expensive! 

While I think there are always deals in every market, I don't think now is the time to jump into the Dallas market.I have walked thru a lot of houses that I think are being offered at nosebleed prices, especially from wholesalers.Be careful with DFW, high property taxes and high property insurance. 

At this point, I'm learning the previous tenants were evicted and the place needs work (cleaning, various small neglected issues)Late June: PM/ seller finally got plumbing/ HVAC follow ups, but there was no documentation or report.

Simple measurements, plumbing stacked on multiple levels when available.