The problems with using this setup in the instant scenario: 1) the rehab and holding costs are unknown and would have to be estimated which imo would conflict with the certifications in the DoT; and 2) the costs including recordation taxes and fees and doc prep would all come out of OP's pocket up front.

Possible areas we have considered are: The WoodlandsHumbleTomballSugarlandWhat we've done so far....Attended the first time home buyers course at the Houston Urban League who has provided us with individual certificates that's good for down payment assistance from the city of Houston.

I'm from California looking to invest out of state and have found a potential partner in Texas.This person is well connected with off market wholesalers, is a licensed contractor and is now getting certifications as a PM.

There are mortgage credit certificates-MCC you can get if you're a first time buyer that will give you a tax credit of 20% on all of the interest you pay annually in addition to your tax deduction for the remainder of the 80% of the interest.

I bought tax certificates for a derelict house next to a lot a bought at a tax auction.

The fines will be crippling.The workshop will probably cover this, but here's a link to the state law: https://www.mass.gov/service-details/overview-of-f...Also, be sure to get an estoppel certificate from the tenants prior to closing. 

I am also getting a certification in Financial Modeling and Valuation Analysis with concentration in Real Estate.

@Cameron Feldhaus With proof of the death (aka death certificate), I would return funds after he has moved out and the unit has been rented again.

ServicesAppraisal fee $455Credit Report $59Flood Certification $8C.

If you have any employees, this should be offered to you already.Workers compensation coverage is classified as "retrospective" coverage; you have to get insurance certificates from all contractors (where possible), and you have to keep track of the type of work being done by all (especially the uninsured).