I estimate the holding period to be no longer than 5 years.

Anyone who knows the car business knows that employees are just cogs in the system, and most car dealership owners would actually prefer for their employees to turn over every 6 months or so -- the reason being that most car salesmen do better in the first 6 months than they will do the rest of their career (crazy but true).Unless you're in the top 5% of salesmen, trust me, your boss doesn't care.

Patrick,Steve Babiak was the first and best answer, period.

Either way good luck the rest of the way!

With a month to month lease - you give them notice and then rent is increased for that period.

If you decide to not send in the EMD within the 48 hr period after winning the bid (presumably due to finding issues based on more detailed inspection), do you remain eligible to bid on the house after the price drops further?

Buying/renting a house in DFW is insanely easy compared to much of the rest of the country.

And some sellers will put in deed restrictions that limit your ability to re-sell the house for some period of time.Better to get out there and beat the bush for private sellers.

These are not 30-year fixed rate loans, typically these smaller banks don't want to lock a rate longer than 5-7 years (though they'll amortize it over a 20-30 year period).

This can include a $5k processing fee and the rest set aside for required third party expenses (appraisal, environmental, and property condition report) and legal fees.