While they are not a government agency, they wield considerable power with state legislatures as they are the wonderful folks who gave us the SAFE Act.

It's great to hear from you folks. 

@Tim JonesTim ,     Have your folks tried First Bank?

Connect with all the 'We Buy Houses' folks in your target area.  

I am a newbie to all this and its great to get guidance from the more knowledgeable folks such as yourself!

Once again that you all for all the warm welcomes, I can tell that the folks here really do care and want to help others succeed.

Is there a group where folks coming together and put resources ( finances) together and invest on flips or tear-downs, Houston area?

Just a group of like minded folks meeting up.

A lot of folks are telling me this is a good article - check it out here...hope this helps!

Remember - the rent has to cover EVERYTHING: PITI and management plus your profit after you establish a cash reserve.This sounds to me like a case of what can happen when folks go out and try to do something BEFORE they learn how to do it.I'd look elsewhere unless you're willing to put forth the effort (and likely some "investment") to learn how to do short sales properly.