That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

Make sure you are taking into account closing costs as well as the repair money!

Are there investors here in Texas that have utilized and would recommend banks they hold series LLC accounts with? 

I had to make an account just to address this.

I’m a licensed agent in multiple states (my Arizona license number’s on file if you need it), and while I’m not your attorney or accountant, I’ve seen more real deals than I can count.

Call them and verify employee status/account paychecks drawn on?

You can take any amount you want out of that profit but realize you will be taxed on anything that hits your personal account. 

Just make sure all pieces are accounted for regularly.

Also, you are not buying at a premium and can allow the property to appreciate if that said area is historically improving. 

But they have the affordable priced properties......in comparison to the top non affordable states in the union. its also forcing us local guys out to the Andersons and kokomos too because we cant compete with the large funds bank account.