Because you still have money flowing out of your pocket (taxes, insurance, maintenance, utilities, etc.)Over time, you may build up equity from appreciation and upon sale, could cash out.

The buyer will pay taxes and insurance, and the buyer can deduct these on their income taxes.As the owner, you can do whatever you want with the property, unless its specifically forbidden by the contract.This does violate the "due on sale" clause if the seller has an underlying loan.

Is there any contracts or documents that investors need to provide to the seller which will insure them that I will make the payments and provide a win win for both parties?

TITLE Insurance and Title searches are utmost importantce4. research your neighborhoods and know who your target market is5.

Also, property taxes are MUCH HIGHER, fire and EC insurance is MUCH HIGHER and Austin is the MOST EXPENSIVE MARKET IN TEXAS.

one of the biggest expenses of being a realtor is errors and omissions insurance and it is there for a reason.In my geographical area, there are very draconian building codes and it is hard (and expen$ive) to get projects through so many, many homeowners just build without permits.

Title insurance or other closing costs.

Check their insurance coverage too.

Wow, you must live in a place with low property taxes and insurance companies that love you!

My usual deal; $2K down, $500 legals (I prepare the docs, so that all goes to me), 2 months prepaids (escrowed with me), and one year's insurance paid up front.