That filing could affect the recent purchase because its effective date would be the new date of filing. 

Which 1 is the Most effective with response rate targeting delinquent property taxes?  

I think if I stayed on top of the roof and maintained paint and eventually put in new asphalt, it would age well.

Insurance: The Lessee to pay for and maintain fire and extended coverage insurance on said property for full replacement value of the property naming Lessor as the insured and Lessee as an additional insured party.Q: Is this needed since I will not be taking title and this isn't an installment sale? 

I would maintain at least 50.1% control of the property, they would collect a 1-3% acquisition fee, and 1-3% on-going fee.Essentially, it should be a win-win for all parties involved.

Has the oil down turn effected the Houston market very much?

Even if you own 90% of the share, but if your papers say you will maintain 100k on the llc and the remaining is split 50/50 by x and y, it is not a question.

My goal at the time was to build a large enough "war chest" so I could get into real estate and be effective. 

NO agent in their right mind would give this out.. they could lose thier RE licensee plus in our market its a 20k fine.RE license is basically easy to get if you can't study and pass the test then you have bigger issues.. and if you can't afford the 1k or so a year to maintain it .. then this is probably not the industry for that person as well.Poor advice to have someone just give out their MLS code

2. effect my Fannie and Freddy cap of 4 properties?