I understand what you mean, and that's why I was seeking advice.

Being a commissioned sales person myself, I understand there is a certain amount of time that you must invest in someone to build the relationship before you can really claim them as a client and claim ownership of that person amongst my peers at my store.

Resell: Seller acknowledges and understands that buyer intends to resell the property for a HUGE PROFIT. 

Would anyone more seasoned even invest in a condo that is not FNMW approved (understanding that the rental data in the area is strong)?

(You may trust the person, but verify all the info for yourself because they may not fully understand what they're telling you).  

I think all you need is a title company to close your transactions - no don't need an account at this time - most title companies have lawyers to close your transactions -You should make sure that you buy real estate at a giant discount - Understand the management process - learn how to be a good landlord - a tenant is a customer - the tenant is the person who will pay for your mortgage - treat them well.Find discounted real estate from landlords who find themselves in rent court -Start to deal directly with owners - I don't think you should depend on agents selling retail properties - you need to go under-ground for great deals -Tax salesPublic AuctionsRun print ads and radio commercialsInternet - 5 weeks ago I created an internet site - I have received over 200 leads - have 70 offers out there and 15 ratified contracts - learn those systems and you will do well.Expired listings - go knock on some of those doors - an expired listing is  FAILURE of property to sell - I am sure the sellers are not happy - go find them and solve their problems.Direct mail to commercial properties owners - commercial buildings can be  great profit center - when you advertise for real estate - signs - internet or mailings always advertise - WANTED REAL ESTATE - houses - commercial and non-conforming properties - all cash -as is - no commission.

I understand ever since 2005 when Dodd-Frank came into effect a lot of confusion has developed as far as how to tackle lease-options in Texas.

I have no problems stating that they know their business, understand the market and in many cases, for certain areas, literally know building-by-building who owns it, when it last traded, the condition of the property, the tenant base, etc, etc.

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

A lot of people from BP in this market get stuck on analysis and don't understand that they're not going to see 10% cap rates.