Your insurance is going to be highly variable and I wouldn't use what an agent or the seller tells you as the cost of dwelling policies have increased substantially over the past few years due to rising new construction costs. 

Quote from @Steve Tse: Hi BP, What insurance carriers can you recommend in Texas, as I am shopping around to replace my landlords policy that I currently have with Travelers ?

The joke used to be that you needed to wait only long enough to put one pen down and pick up the other pen.A refinance is not a taxable event. 

You can get up to 75% of the ARV on a cash-out, with rates starting at 5.875% APR and a 680 minimum credit score.

2> Terms and best practices: What are some ways to better set myself up to qualify for long term debt service products?

Not a straight up no, but not a straight up yes. 

Welcome to the site.

@Agatha Oliveira actually, all you need to give them is a Corporate Resolution stating you can sign.

Easiest way for most ppl to continue to do deals if wholesaling becomes illegal in your state is get your RE License.

I own property and have no children or real persons that I want to inherit my property after death.