You can find the exact chart if you google "Texas veteran real estate benefits" but if you have a disability rating you can be exempt from paying a certain amount of money (thousands) in property taxes.

I am working on gaining knowledge forming my own real estate team.I also recently just bought my current house with an FHA loan and rented out my old one.    

Definitely starting out right - you're about to gain priceless knowledge on the PM, rehab, tenant, regulations, and I'm guessing finance fronts of this crazy game.

The intent is to only broker my own deals and gain access to more resources in the industry.

Benefits would be to liquidate an underwater asset from the estate and to get this off the mental plate of the family.

I've come across several clients so far who are having difficulty qualifying for a mortgage and may benefit from a lease option deal. 

If that is the case, then mortgage interest on a note is passive and not subject to UBIT.UBIT applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis.Passive income not subject to UBIT includes royalties, dividends, interest, rent from real property and gains on the sale of an asset that has been held to produce such passive income.Trade or business subject to UBIT generally consists of services or buy/sell transactions. 

This decision was reached to allow us to reduce our housing expenses and pull the equity out of our current home to use for new investments (and to avoid the capital gains on the eventual sale of the flip).

I would be going into the situation hoping that it will not appraise because I already "know " or assume I over bid.My realtor claims that if it does appraises to the high offer price, at least I will be reassured that it is worth that price.I'm just not sure if this is a smart way to go about this, but with bidding wars and low inventory I need to figure out what to do gain a desirable home.

I have looked online at the benefits and it looks like it’s the right move, but am not too familiar with the process?