Thanks for the info @Chris Mason.

There are many concerns here, and restrictions that vary by company based on the age and renovation history of a property.Valuation method: Actual Cash Value will deduct depreciation over time from your claim settle (which can be thousands of dollars), while Replacement Cost Value will not deduct depreciation, and will almost always result in a claim settlement being larger by several thousand dollars.Theft Coverage: How does your policy handle theft claims?

If not there is not much point in doing a reno now and then redoing it in a few years to sell.You do not provide any info on the value of the property but suspect that it's value may be far beyond what would provide descent cash flow even at 2K rent.

VAloans.com has some info but thats more or less the general overview.

@Steve K. great info Steve!

Someone with TX experience should chime in with info, or maybe refer you to a reasonable attorney.

Thank you everyone for the info.

Yes I went driving for dollars and found two abandoned homes that I am working on getting the info on the owners.

You can send over info to me as well and I can pass on to my boss if it's a fit.

I'm new to BP but have been reading the forums for ~1 month now trying to devour as much info about RE investing as I can.