However, it would provide us with the necessary funds for the repairs and potentially a down payment on another property.

I was envisioning a two part calculation for the monthly mortgage payment - I see it as a VA loan analogy with no money down but the loan structured with two interest rates (one for the TSP down payment and one for the 30 yr fixed rate mortgage).I guess the real question to ask myself (using your situation as the model, assuming positive cash flow once TSP is repaid) is whether I am okay tolerating the potential 60 months of negative cash flow to get to the positive cash flow after 5 years.- Maybe if it gets the deal going and leads to a cash out refinance before the 5 year mark that allows me to speed up the TSP pay off.Wow - Great food for thought. 

What was the outcome?

I’ve been searching in the Sherman/abilene areas for potentially starting out.

Your husband's business is an active one and perhaps more prone to a potential lawsuit.

tenant day 1 on a lease with option to buy What was the outcome?

I negotiated directly with the seller and end buyer What was the outcome?

In parallel start talking to other potential candidate GC’s to see what their costs and schedules would be like (make sure you ask them how hard it is to transfer permits).  

It is the rate your qualifications get you.Buying the rate down and a lender credit are the corresponding poles to the middle "par"Generally speaking, when your originator is looking at his pricer, there will be a list of potential options.

Here are some key strategies, pitfalls to watch out for, and advice for investing in the Houston market:Highly Profitable Investing Strategies:Cash Flow Properties: Seek out real estate in areas with high demand for rentals and good potential for cash flow.