Texas has been the belle of the MF ball for many years but investors and operators I trust are having questions about Texas - insurance costs property tax costs and weather related issues. 

That would need to be specifically addressed in the assignment though.Now it is common that in most real estate transactions that certain fees/expenses are paid for by the buyer (lending fees, half the escrow fee, appraisals, inspections, survey, and attorney fees for the deed of trust) and certain fees/expenses are paid by the seller (title insurance, half the escrow, prorated taxes, prorated rents, deposits, and attorney fees for the deed).Now it is common that in many wholesale transactions, the contract states that the buyer is elected to pay all closing costs.

I use mint for budgeting and keeping track of my expenses, including those which are tax deductible, and find their system extremely intuitive. 

There are some great software tools out there for organizing flip income, expenses, and important tax / financial info. but I wouldn't recommend Quickbooks (and I'm not alone in this as a CPA).

25% down but may pay cash, weighing out tax benefits if I finance How did you add value to the deal?

(I ran some numbers and it seemed like I would make less working with them) I'm not even sure how I would calculate the tax benefits.Is this a common situation, if so what are typical terms?

When selling a primary residence property, capital gains from the sale can be deducted from the seller's owed taxes if the seller has lived in the property themselves for at least 2 of the previous 5 years leading up to the sale.

He claims to be a lawyer who specializes in real estate and business, his content is good and I am looking for someone to help me set up a structure for my property management business and the couple investments I own so i can save up on taxes.

Basic leverage methods would be to Sale and pay taxes, Sale and do a 1031, or collateralize this asset to buy another asset. 

In addition to no state income taxes and pro-business government, the cost of electricity is relatively low.