I am looking at some affordable properties (all three are small multi-family) and wonder if I am asking my realtor the right initial questions.

This means you do not get to take full ownership to the property until foreclosing on the right to redeem, which you have to wait the year before you initiate this. 

I also got rental insurance on the property since that was my initial plan. 

I’ve stated in my initial posts that I am focusing on multi families, however the areas I’m finding duplexes seem to be places that I do not feel the most comfortable when I drive through them..

We asked initially about owner financing. 

Just to clarify when you bought the house in Texas I’m assuming you initially bought it as a rental and then later converted it to a primary?

Your origination/prepaid interest/loan points may change if you're getting a different loan or interest rate.The title/escrow charges should be relatively the same if you're buying a similar property through the same escrow company.How much is taken for your initial escrow/impound account will depend on how much the insurance and the property tax bill is.

Setup a website Wordpress.com is free to advertise your rentals- generates interest.17.

I did google search and found the same exact thing prior to posting the initial thread.

You can not reduce any other income tax you owe.Oh, so it can't reduce your current tax bill, but it can be used to offset profits you may have generated.