Technically, I think it will be close to RV parking at that point..I like it though!

Sorry to get technical but that's what you'll have to determine to a do it yourself approach to mortgage planning or you can message me  and we can discuss.

Regardless of the technicality, it appears your current rental situation is not working for you and it is obviously not working for the landlord.  

So while it technically isn't cash flowing, it's still covering most of your living expenses which is a great way to get started.

This one is technically distressed and that would make me value it more based on how it would perform with me running it.

We're converting our current house into a rental so I guess that technically I'll be an investor then, but since we paid full retail ten years ago it doesn't seem right to say that yet.I'm hoping that before we arrive in Texas we can find a house we can buy as a owner occupied and then covert to a rental in a year or so.

Andrew That is correct Andrew there is no limit to the amount of primary residences that Fannie Mae will allow so technically if you can make a good case (letter of explanation) for a primary residence then you can continue to purchase them as long as you qualify with respect to income, credit, assets.

Technically she is on the hook to pay the entire 12 mo lease, but you are responsible to remediate the damages and get the place rented for the same rent to someone who meets your qualifications.

Although they technically aren't supposed to release this info, sometimes they will give you a yes or no answer on stuff like this, especially if you tell them you're trying to purchase the unit.

I would think there would be nothing wrong with it because technically my cash buyer/partner has to approve in order for the deal to go through.