Then factor in your social life if you wanted one.

Usually the sellers lender factors those in the calculations for the short sale, but sometimes the buyer will have to pay some or all of those..  

I would suggest getting just one agent if you can in Texas and develop a relationship so they take care of you and when your ready to deal they will be too. 

This ending amount will give you taxable income/(loss) for your property and to find the true tax liability you need to factor your entire tax situation. 

Short REITs such as avalon that have large exposure to markets such as SF Seattle and NYC where rents went up so high to drive people to purchase but developers kept permittingNote analysis does not apply to sfh and non top 10 metro.

There is still opportunity out here but a lot of it is going to be reserved for major developers and institutional investors. 

Sounds like the key for a developer or investor is if all the red tape is worth the upside/risk factors?

Since then I've read, and continue to read, numerous real estate and self-development books. 

There is big development with the stadium etc.

Besides zoning and land development where is a good direction to start?