if you you ever need inspection services or boats on the ground here in Central texas hit me up!

I am actually under contract for a three unit a bit further South-East from there, closer to the river.

Each town is a little different, some require you to do a landlord registration and/or will want to do an inspection before you put a tenant in (calling the town would probably be the easiest, or they may have the info right online).

My Hard Money Lenders held the money in escrow and would not release the funds until the work was done, inspected, and they knew it was properly done. 

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds

Inspect.3.

The older the home and the closer to the city center, the less likely an HOA even exists. 

After inspection/appraisal is done, then you do the Padsplit conversion. 5.

He's very thorough with this standard inspections and he also offers "investor due diligence" inspections at a reduced rate.

.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?