I have gotten lender name changes approved on prior deals.  

The effectiveness of § 1014 depends on the titling/coordination of the decedent’s assets prior to their death.

@Brie Schmidt we have had this happen before, but typically what we showed them the prior DU they corrected it.  

They should disclose what they need prior to when the property is listed.

Transfers of ownership into the family trust are usually protected (see Garn St-Germain Act), but transfers into an LLC may run afoul of the due-on-sale clause that some investors will choose to obtain consent from the lender prior to the transfer. 

If you do not have any prior experience I would hire a manageable property by a manage company that has section 8 experience or if you are going to manage them, I would get it in a "C" location or better.  

DCSR loan qualifications are based off teh property's income, not yours personally.There are lenders out there who will provide short term 'bridge' debt to rehab prior to cash flow. 

I have no prior real estate knowledge but I am eager to learn and hopefully start investing soon.

There are too many D/D items to go into here but you can always start with the Texas Real Estate Commission website and search for prior actions taken by TREC against your current or future brokerage.

Thank you,Nirav  I would have visited the site prior to investing to gauge the area and understand the market better.