Texas is good in the sense that there are possible options to do this anyways without notifying the lender, so here it comes the second consideration, in which the seller has to have assurance that you have the funds. 

You can have multiple policies on the same person.

The contractor causes injury to someone visiting the property (instpector, delivery person, etc.).  

I chalked it up that he was going through some personal stuff but would not be renewing his lease, his lease ends on the last day of July.Well, a month went by and then I got to wake up to another large unhinged text of him accusing of another tenant of mine of a disgusting and sexual act in the bathroom openly in the household's group chat.

All my personals are never less then 15% most avg 20% NET Good luck

That leaves you with personal loans and builder financing. 

This is in part why most of the funds would be invested into this area.Typical syndications would yield anywhere from 6-10% cash on cash annually, and 15+% IRR over the course of the holding periods.

I have good personal credit (~730-740), average-high personal debt (mortgage, student loans, vehicles,) and I am employed making $90k/year.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

How am I able to recover my funds at closing without assigning contract?