Also open to any recommended resources or people who are knowledgeable on Texas tax auctions.

I asked for a $2,500 processing fee, which was gladly handed over, and the escrow and title company took over from there.

Wont LLC comes with additional annual tax filling complexity ? 

There are less lenders who do this and the rate and fees will usually be higher. 

I am charging a slight premium over the list price of the house to lock in the price 2 years in the future and giving him 3 options to pay the fee for the option to buy.Option 1: 3.5% Payment for the option to purchase the property within the next 2 years.

These supposed tax savings though… where are they?

2 years of tax returns ? 

Q4) How would the parents' ROI (interest pmt received) be taxed?

Then a call is scheduled with United Tax Liens for two hours.

I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.