Account ClosedYou do not want to do a quit claim in Texas. 

Have you taken into account maintenance and vacancy and property management? 

Are there any other considerations that need to be taken into account for obtaining the financing and tax structure of the business?

. , Account Closed - thank you for both of your feedback!

PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?

------------Her name is xxxx, she has a 529 credit score with 25 total accounts, 19 are open and 5 are negative.

As part of the broker's license requirement, I need to open a broker trust or escrow account at a Real Estate Commission bank.

Originally posted by Account Closed:I'm the lender and may have to foreclose and possibly get the house back. 

Account Closed I agree with you.

If you are planning on investing in the States (I deal with this all the time with Canadian investors here in Arizona of which there are plenty) they overlook talking with their chartered accountant before determining the entity they chose to purchase under.