THAT is a "pig", though not necessarily a P.I.G. if you can get it for the right price to allow all the needed udpates and remodeling (open the layout, enlarge the bathrooms, add a walk-in closet in the master suite, ...).

We've been searching for a cheaper, more rural place to live.When we move, we'd like to use part of that equity to buy a place to live and house hack by either buying a duplex or a home with a in-law suite that would cover our mortgage so our income from our jobs could fund future rental purchases.

In my own opinion an "elevator pitch" is better suited for a product you want to sell as quick as possible because the potential customer is about to run away as soon as the elevator stops.

And if rent is not received in my office on or before the 10th of the month than on the 11th of the month, no matter what, I file for eviction and they are charged a $90 filing fee and it is recorded on their credit report as a suit for non-payment of rent.

Also some floors are not suited to a tile install due to flex in the subflooring. 

That's correct if you already have FHA, but if you don't, you may want to consider regular conventional and compare both which ones that better suits your purpose.thanks @Josh Mitchell for clarifying.

he suggested i put them on notice for 30 days to repair it before he files with  DTPA suit.  

I use Craigslist too but I also at times, post an ad on Bigger Pockets Marketplace, Hotpads, Backpage, Zillow, Linkedin, Instagram and Facebook groups.

BaileyBailey & Carlino, PLLC6743 Fairview Road, Suite ACharlotte, NC 28210

That way if there is a suit against "me" in one LLC, not only are my personal assets protected, the assets in the other LLCs are protected.Setting up and maintaining an LLC is easy and cheap.With the LLC, you can open a business checking account (many banks offer free checking) and have your tenants write the check to the LLC.