If you are interested in leasing a single family home for up to 5 years and exercising the option to purchase, please call me directly. 

Do I have to be physically present in TX when the LLC is created?

@Sara Cunningham Did you do your distance buys without physically walking through the properties?

Think about what landlords want: they want people to pay on time and be respectful of their propertyOnce you raise the idea of leasing the property and then selling it, then you need to sell the idea of rent to own and how you can place the right tenant buyer in their propertyHow I do this is I show them my tenant by air intake forms, I do cross of their names and Social Security numbers but the physical proof that I have buyers already helps build credibility that I know what I'm talking about I make generally 3% of the value of the property in an assignment fee doing lease-option assignmentsI might do sandwich lease option if the deal is terrific

Lack of experience aside, I think the biggest challenge we are facing is not being physically there in markets we want to invest in and not having the correct contacts.Looking forward to spending all my time on the forums here (especially at work when my manager is looking the other way :) )

Once the property is operating at its peak performance, you would take the opportunity of exercising your right to purchase the property (for the agreed upon price) and then re-selling it in a double closing. 

Also if the mailing address is different than the physical address then send them a letter

Receipts under $100 can generally be recorded and copied electronically or physically (in a file), I kept them for 3 years, over $100, I kept for 7 years.

You're young, you do things yourself...repairs, maintenance, lawn care, snow removal...kinda because physically, you can, and financially, because of the mortgage payment, you can't afford to have it done.You're old, mortgages are gone, but physically, and maybe, mentally, you just can't/don't feel like, doing it anymore.In a way, it's good, it keeps you in the game, or you'd burn out, either physically and/or mentally.I bring this up because we've just had our first snow, and instead of getting in my truck to go and do snow removal at my buildings, I'm on my third cup of coffee, browsing the internet with the knowledge that my snow is taken care of by a hired service.Feels good.Maybe I could winter in Florida...

Also just because it was ok for the last 8 years, if they recently voted and that was part of the vote...well you had your chance at that point, whether you exercised it or not is irrelevant.