I would also recommend making a saved search for your keywords so you can get the updates on the info you want to read.

After three attempts I'm wondering if this is SOP in TX.Does anyone have any tips that will save time and money when buying property in TX? 

We both have full time jobs, our credit scores are very good, and we have some savings.      

There are several approaches to doing lease options, and consequently, many variables... so it would be prudent to do so to 'maximize' the exposure, pre- screen the largest number of applicants, increase the likelihood of 'closure' (selling the property) with the tenant buyer(s) and structuring the deal, to optimize your ROI.

Buying bulk should save you some money.

I am a bit older (60) and so I have some savings. 

Perhaps you have savings and don't even need a HELOC at all for a 15% down payment ? 

I haven’t done my first deal yet but I’ve been saving up to buy my first property at an auction coming up and I have a friend who kind of knows about real estate who is willing to partner with me. 

If you compare it to a savings account, it looks completely different.The average flip is turning in $20-30k out in under a 6 month hold on 100k-125k investment.  

For example, If you are using the place as primary home, you could save on capital gain tax when you sell it.