It really is not rocket science, go read your states LLCs statues that will give you the ability to at least know what questions to ask an attorney that has actual experience in court with what they propose as legal.

@Cory Melious I’d keep the old ones, no real science behind that decision, just my opinion.

I graduated with a Bachelors of Science in Business Administration in Management, which taught me a lot of the basics of business law, management, etc.

You are updating the paint to a very popular color in agreeable gray so that will give the home a modern touch and new carpet that compliments that will still look very nice.

There is some opportunity for value add there, but with more and more dfw people going the demand for modern is growing.

Thankfully, that is not entirely true, "A" students go into medicine and science, business and all aspects of our economy, so do "B" students and "C" students.

Also, is there any science to price amount when looking at a 1st or 2nd position note.

A high quality tenant will not have area on to leave if your home is well maintained and offers the necessary competitive amenities as expected with modern living.Never had a severe case as you have encountered Jay, however, this is not something that is within anyones control you will always have outliers and unexpected conditions, you must be prepared for the bad as such as you are anxious to only have good.

This website as well as various books and resources has seriously opened my brain to so many opportunities other than science and medicine.

As much as I would love RE to be a hard science there's a art to it and fluffed with some BS.