I like the "set it and forget it" model, which means that I probably sacrifice a few dollars here and there, but I have enough profit and slack in the system that it really makes no difference.

Fellow Central Texans,I am in the midst of forming an initial business plan/model for future REI.While I'm still about 4-6 mo. out from seriously considering a first initial purchase or transaction, I am smart enough to know I need a solid team in place before moving forward with any part of it.

Our business model is to provide reasonably safe and affordable housing to low-income families, which isn't for everyone.I'd also note that 43222 doesn't cover all of Franklinton. 

I would do some research on which companies pay 100% commission in your local network and understand their model before your wife becomes a realtor.

Find the materials you want and identify them by make, model #, color, etc.  

If you must operate outside the laws to profit, there is a problem with your business model.

Conveniently, it's a long holiday weekend so you will not actually know if that check is good until Tuesday at the very earliest.I know this will be inconvenient for both you and tenant, but I would change the locks (if she has not already taken possession) and HOLD any move-in until those funds are guaranteed. 

Everything is spelled out in detail  25 pages plus from colors to model numbers timelines and change orders  .

There would need to be more information, but that might be an option - and could still do the refinance into a longer term, perm loan...I know some investors have their model and that's what they want to do, but just food for thought.Thanks,

(S)he might even be able to gain possession of the house if there is one on the property.I worked on a title claim with similar facts.