@Ben Miculob Like previously mentioned in most cities in the State of Texas, all a general contractor has to do to pull permits is register with the city, which may include providing proof of insurance, possibly references, and in some cases authorizing a background check.

It's not easy to get a conventional or FHA loan on an REO.

But, I told him to refer to the 10 page lease.

What I think maybe he didn't realize is there's likely no need for new fancy wording and elaborate clauses referring to diligence, basically his scenario as stated seems to me to be the same cake already on his plate which he was then asking if he could eat. 

I therefore concluded that for purposes of this paragraph, the "expiration" must refer to the original expiration date per lease agreement.

Austin allows owner occupants to get an STR license fairly easy.

It's just a bit cost prohibitive on smaller properties, and the IRS doesn't mind if you just do it the easy way (the incorrect way) and use straight-line depreciation since that results in overpaying taxes. 

As a developer, I really love how easy it is to integrate Carrot with other systems (e.g.

Very polite, proactive in the application process, had good references from previous landlord, has good/stable employment, and when I looked them up on Facebook their information matched everything on their application.Unfortunately, they are not able to complete the screening due to a complete lack of credit history (young applicant with no credit cards or, evidently, student loans).

It would be a good book to use as reference if you are doing major rehabs that are complete gut jobs.