Having quick access to cash will also be very helpful particularly on more competitive/desirable properties.

Investors must have access to other sources (institutional, commercial, etc) that can give them a mortgage.

Here's yours: http://www.westmilford.org/Cit-e-Access/webpage.cf...If the land is zoned residential, then you could inquire if it's currently owned (public records search will tell you).

Thank you @Becca Summers right now I am still getting my down going I have about 50-75k in equity in my first house but I want to get rid of some credit cards that we used to do some work on my main house then I will use the equity and whatever cash I had down to make a huge down payment on my first rental to make it as risk free as possible I could already afford about a 2k mortgage on top of this one that I have but I don't want to restrict myself cash wise anymore then I have to on my first property 

You can always ask the lender to double check but I don’t think your restricted from modifying the home after purchase.  

We also need our basement entrance to come out the side or back corner of the house, as we don't want our renters having access to the backyard where our children play.

The original tenant moved out after a year due to us restricting his freedoms around the house which the previous owners allowed.

Burleson is booming, Cleburne is on its way with the new toll road making access easier to downtown FTW. 10 of my rentals are in JCO, they perform as well as any other.

The small window at the base of the ceiling looks out above ground though the entire room is only accessible from the door leading to the hall out the front door, the window is not something that can be used for exiting in emergency, which I believe egress means.

Makes more sense to me, give yourself multiple exit strategies and greater access to deals regardless of market conditions.