After seeing the statute, looks to me like investors should see if the could get with a non-profit that is involved with low-mod housing, the Texas Home Investment Program....probably a grant program, if not otherwise restricted.Those saying they only do commercial as they loan to investors or contractors, well, there is no specific exemption to commercial there, defined as any residential home, being property oriented, I do see the argument both ways, I'd tend to look at the bigger picture, a contractor in construction would be commercial, but to an investor who allowed a wrap or lease/option (6 month limit in Tx.) with a homebuyer assuming that loan , may not fly, certainly not after 5.Lastly, my above post concerning prudent lending, I'll guarantee you that exemption at 5 is not a license to do charge high rates, set early balloons or offer loans without any qualifying due diligence, don't need rare occassions and wild scenarios to demonstrate the need for fair and prudent conduct or the need to live in fear while doing RE.

All you can do is conduct due diligence, minimize risk, set up exit strategy and Jump in.

There is a right way and wrong way to conduct business.

You can be the non-owner manager of the LLC and conduct the affairs of the LLC.  

You do also need a copy of the rental agreement and any written addendums.Be sure to follow any rules for the hearing room; properly address the person conducting the hearing; as much as possible, answer with a simple yes or no.Never interrupt...anybody!

COMPANY HAS CONDUCTED SEARCHES OF THE PUBLIC RECORD FROM THE DATE OF THE DEED INTO THE RECORD OWNER(S) UNTIL THE "DATE CERTIFIED" FOR ITEMS UNDER THE ABOVE CAPTIONS WHICH CONSTITUTE LIENS AGAINST THE GIVEN ADDRESS AND FOUND ONLY THOSE SET FORTH ABOVE.

You have to conduct a very thorough inspection on properties.  

I would not tell anyone how to conduct their lives or their business affairs, just as I would not appreciate anyone doing the same to me.But be aware of this: you would be far better served were you to gather your funds, go to a blackjack table at a casino someplace, and take hits all day on fifteen.And that is that.

We have the options of holding property in our own names or in a corporation.The structure we are using to invest in the U.S.A is similar to what we have used to conduct business there in the past.

Is there a form you use to conduct the walk-through.