Mac.

Fannie Mae/Freddie Mac do not allow income reported on Schedule E from property you do not own to be counted as income. 

The rules is that you can't get a new Fannie Mae or Freddie Mac loan if you have four or more mortgaged properties.

For BRRRR financing find a good mortgage broker who offers Freddie Mac loan products.

My first deal was a Freddie Mac loan (conventional) for my primary home, and second was a regular conventional loan for the first rental property.

Section 8 inspections will cover extra things like usability and more extensive safety concerns, like ensure that appliances have anti-tipping devices installed (you can basically connect a chain from the back of the appliance to the wall), ensuring that the appliances present in the unit function, that the W/D hooks up accessible and usable, that the yard isn't overgrown with weeds, etc. 

You can absolutely still get a cash out loan on an investment property from Fannie Mae and Freddie Mac in Texas and you can even get it from other loan types as well.  

Sometimes foreclosure can be tactically used as an attention or training device.

There are lenders who are comfortable and familiar with the FL LT structure.The LT is a great protection device -- but so is insurance.

To be more specific her potential brokerage prohibits purchasing homes from HUD, Fannie Mae, Freddie Mac and Wells Fargo because of corporate relationships.