Officially you need to look at your lease but a standard Texas lease says that if the tenant is in default then you have the right to accelerate rent payments.  

Would  have to resolve with the State Housing Authority.

Some times you just need someone with more authority than you to give you "validation" you know...

Hi All,This is my first official post. 

Well, the latest BiggerPockets Podcast seeks to answer those questions and provides valuable insights from one of the most respected business authors around - Mr.

Thought it was about time to officially join and participate!

You have to fill out some paperwork with the housing authority (at the very least, a direct deposit form :D ), but the list of reason why you wouldn't be able to have them as a tenant is REALLY short.

NOTICE THAT MY FAMILY AND I CANNOT BUY HUD HOMESI, the person whose name is signed below, understand that anybody related to xxx in any way including subcontractors, management officials or those of a subcontractor, an immediate family member of a management official or those of subcontractors, and affiliate entities or those of your subcontractors cannot purchase or lease, a HUD REO property.

The Manager is the fiduciary or officer of the LLC, and as such has a strictly administrative role.Writing checks, wiring funds, handling funds, signing contracts and maintaining the assets of the LLC is all part of the Manager’s role and authority.

Some of RK's partner authors have put out some great material as well, such as the ABCs of Real Estate Investing.