I just don’t know if that supersedes Texas residency requirement and if I can enforce it in Texas.

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

Metal above guter could use a power wash.

There is risk with this approach that the tenant can have short residence or leave in Nov to January.  

I am going to be moving in the spring and will begin renting out my current place of residence at that time.

You can get into a home for little or even nothing down, perhaps add some value by renovation, then hop to a new primary residence in a year with little or nothing down, and repeat.

The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.

Because intrastate (single state) offerings must still comply with that state’s securities laws, and because with the internet its difficult for offerings of any size to be limited to investors residing in a single state, the exemption for private placements is the exemption from registration most often used. 

I am curious as to if anyone is aware of any first time home buyers programs for buying the first Primary Residence.

Investment Info:Single-family residence other investment.