Which area of Texas and what aspect of investing are you looking to pursue - buy and hold, rehab and resell or wholesaling? 

If you did the homework and know how much you can get cashflow from this property you can figure out how much you can pay her monthly, maybe even setup a "interest only" for the first few months until you are done with rehab and leasing.Another option would be to pay her some amount of money to become co-owners (on title) and then all income and expenses are split between the two of you.A critical factor in your success here would be doing your homework!

We are getting people from all over, who are drawn to the creative aspect and the community part.

Looking back, I can't tell you how many times that persistence has been the key to success in my previous careers and other aspects of life too.As you gain experience and learn more you may have to change your plan, your approach, or your expectations, but that's all part of the process.

@Dion Johnson @Jerry Morello  just credit card set up company they usually charge about 3 to 5k for their services.. caution yoiu take out 60k in credit card debt and your fico will drop through the floor so manage all aspects of this.

You find yourself too busy with other aspects of your business3.

It is a great place to meet new friends and learn about various aspects of real estate and more.

It is a great place to meet new friends and learn about various aspects of real estate and more.

I'm definitely interested in this from both a medical and real estate aspect.

There income indicates they should be able to afford a higher standard of rental but clearly they are living beyond their means in other aspects of their life....too high risk.Applicant A indicates that one is irresponsible in regards to financial commitments due to the collections.