The clause does not attempt to prevent the tenant from having guests.

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But having those activities doesn't prevent you from owning rentals and getting the passive income advantages on those.

If there's a buyer for it at $120K then the lender isn't going to discount the loan.....just so a rehabber can make money.What's preventing the seller from selling the property for what he owes?

The combination of student renters and a property that was not standardly built meant it saved us from unnecessary repairs because someone couldn't find the right switch to turn on the fan etc...

so it could be immediate, although I've never encountered it, and I wouldn't let the DOS prevent me from doing a lease purchase or a sub-2.To me what is more prevalent is knowing and understanding the exit strategy and who to structure it.Which means I don't think someone starting of should do a sub-2 or SLO.

But you do get some where there are problems, which may prevent the sell from moving forward.

The law in Texas does not prevent it, but I don't want to bring that kind of pressure on you, me or the school.

A llc, unless you have substantial net worth is an unnecessary and complicating expense.

Learn to do small repairs yourself.You want to prevent your houses from having problems.