The original agreement also says closing for the seller, at least, will take place at their designated closing company.

The earthquakes do seem to be concentrated in that one city (Irving), so if you decide to look more closely at investing in DFW, I would steer clear of there if you have concerns.

For example, he could go to get his Real Estate License, or Professional Appraisers License, he could study architecture to learn how to design and build homes, commercial buildings, apartments and so on. 

All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges and fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent.  

There are also SROs, single room occupancy zoning regulations, if your property has a SRO designation then one person can be the limit.

Think about how stocks are designed for investors returns.

My goals are hopefully pretty modest.....maybe ultimately 2 deals per year, as I work full time.I admit, that my knowledge is strongly focused on the nuts-and-bolts of the business.....design/construction/skilled trades.....and so I'm on here, trying to enhance my ability to bird dog deals as well as finance them.I've done a little research, and there's a fella buying distressed properties here and there in town, at roughly half of county tax assessment value (which seems to be roughly 80% of actual market value), then mortgaging the very same day at about assessment value.....then rehabbing and reselling within a few months.

It's a very thin platform designed primarily for small landlords that don't need or want the other stuff.

Part of an entity structure properly designed for asset protectionI wish I had a list of all the BP posters who have asked for an example of how not being structured for asset protection caused a loss - Jeff's response is classic, and I'd point them to it.David J Dachtera

There is a large student population for SCAD (Savannah College of Art and Design).