Due to this behavior, she has broken the lease under the "other good cause" that was included.  

Would you buy a property where you have to give half the profits away for life? 

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

There are very few, good buying opportunities in the Austin metro-plex for pure investors.  

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Can someone explain something about the buy, borrow, die concept of avoiding income taxes? 

Buy - Rehab - Rent - that has been the bulk of the work.

They are just going to use their 2nd VA loan to buy their next one while this one is tied up. 

There are many ways to buy cheap elsewhere but still lose your shirt. 

If I have to buy a last-minute ticket or spend $1,000 or so for notarized signatures at a consulate, then it has a significant effect on my choices.