Title companies use both Texas Tax Code provisions and case law to support their positions on title insurance underwriting.

I did this very early on in my life and it positively changed my live path in a few ways. 

If she responds positively, see if you can't find a more affordable rental around that she could apply to, maybe? 

I don't think you realize how much positive impact you have on the "little folks".

Some of my money, some financing, father is the GC (which makes the full-gut across the continent not as scary a risk as it sounds).Spent two months wondering why no one would take our money for a house, once we figured out what worked, we suddenly realized we needed to think a little bigger (was doing it all my cash, now I'm good with some leverage).I've got a nice w2 that I'd love to dump for half the salary, if I could generate it, but I'm thinking that might be many years from now.Anyways, I'm heading to Atlanta Wednesday morning through Sunday morning. 

Interesting in my 30 plus years of HML lending I have never made a loan subject to a judgement.. you as lender would be put into second position and the Judgement holder could if they wanted to do a sherrifs sale and wipe you out.. the real benefit to me is landlords pulling credit..just my experience and who I write my escrow instructions..  

So I am trying to find an area that will most likely cash flow positive with a 70/30 LTV.

if you have NEVER done a build job or spec i think that financing will be your biggest hurdle.also your cash position is quite weak.. sometimes vertical lender will over look experience if you pay cash for the dirt.but leverage and no experience leads to no deal.. this would be a decent deal for a local builder given carrying cost sales costs etc etc.. how much they would cut you in for finding it and providing a little bit of cash is up to negotiation of course.

So you have increased your equity position and have more investable cash than you started with. 

If they would be willing to carry a seller 2nd for a portion of the acquisition, it might help open some doors to a 1st position lender who may not want to leverage 80% LTV.