Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I have a meeting with a lawyer in the next few days but I thought it was prudent to also ask for help from people who have already done it.  

As stated, this is not my lane in the industry.That's an example of why some people get trained.

This helps narrow both your learning and searching, also the people you deal with will appreciate being able to narrow down the discussion.4.

We have let him stay for free for the last 8 year's basically supporting him, with a verbal agreement he would fix up the place.

Just wondering what other people here think of the area and if you would invest in Brownsville.  

The property I got is in the medical center, a $260k, 4 bed, 2.5 bath house, newly replaced roof, 20 year old AC, 20 year old water heater, all old appliances basically, high water pressure, and yeah overall outdated house that needed some touchups.

Just curious to see how people in this community started when venturing into the land and new construction aspect of investing. 

Some people miscalculate returns (cash flow, NOI, IRR, etc) when they ignore capex.

While everything above is great people lower rent brings lower people problems.