She said she had just received a rental application for it today (good!).

The text is small, but does it say @$125/month average cash flow?

I recently received mines as well and for the same purpose as you.

The 2 percent "rule" says that the monthly rent you receive should be 2% or your purchase price.

@Stan Butler, This is one where you will REALLY need to get your attorney to make sure the text in your lease or rental agreement will pass muster.

But, the text quoted by the OP from TREC reg.s was paragraph C under the sub title Listings; Net Listings, which makes me think the language is specific to an agent when they approach a seller "as an agent" under the guise of listing the property.

BUT what's the worse case you transfer it back into your name when you receive the lenders notice??

I can use, sell it, give it away, sell advertising space on it etc.I have been receiving the list free for a couple of months and have signed up many clients and colleagues up for the free list.

@Matt Pitschman,Here is a link to an Attorney In Pittsburgh.He is a Real Estate Investor.I'm not Affiliated with, and do not receive any Compensation for this recommendation.Raymond

Hi,I have worked on Apt commercial properties to get them under contract with attractive CAP rate, solid ROI with add value strategy, presented to investors and received positive feedback.