You do have to live in both properties as your primary residence so if you are trying to buy both at the same time this wouldnt be possible unless you and your wife were separated and living in different primary residences but if sufficient time has passed since the first purchase then you could buy another property with her VA eligibility.

If you have a lease in place and can document that the property has been vacant for repairs, that should be sufficient to count 75% of the lease income.

Don't think there are many JP Ct Judges in Texas that would think you have no right to Terminate a tenant with sufficient notice. 

@Josh Bast make sure you have sufficient funds for emergencies, but I would save some cash for the next good deal.

I am sure you know, but Freddie 5% down is also a very viable option for a 1-4 unit purchase and it doesn't have any self-sufficiency requirement.

It sounds like the prospective Tenant Buyer lacks credit and sufficient income, Not a good combination.The way to put together a successful Lease Option (rent to own) with Tenant Buyers is outlined here:https://www.biggerpockets.com/forums/600/topics/58...

If your water heater is a sufficient size, likely one of the two elements is burned out.

I've searched up and down BP and the worldwide web; I am trying to determine if serving my month to month section 8 tenant with a notice to quit sufficient.

Are you implying that a "RELEASE OF RIGHTS TO POSSESSION" form would be sufficient, rather than terminating the lease and creating a new one?

4) Should I involve a RE attorney or are the CA Realtor Assoc Board forms sufficient?