The Austin area housing market didn't care that February is typically a slow month.

Baby Boomers typically live in the higher end homes.

Typically need to pay monthly or quarterly?

Typically what he provides is a letter stating the property has been sold and here are the new instructions to contact for maintenance issues and instructions for payment (also provides a copy of the deed, showing the sale). 

If you want REAL rate of return/cash on cash, look outside of the typical areas.PS, a lot of the areas that are becoming popular/gentrified and hot topics now are just as crime-ridddn as areas that are completely ignored.

Remember bedroom windows must be operable as they are your second point of egress typically, building code required. 

You typically have a draw period of 5-10 years where you can take new advances and then a repayment period where you repay it but cannot make more advances.Another option is to do a cash out refinance.

And that's what I typically see in my local market.

Worst comes to worse and you have to pay for bid, the typical cost I have see is a few hundred dollars for visit/scope of work.  

Typically anyone that is in Tech they want to work at a company such as Intel, Google, Microsoft, Cisco, IBM, etc......which is cool but what’s after that????