It worked as planned, but need to have a firm understanding of what the bank will and won't give you, what rules they have, and ten live at the mercy of their appraisal.I'm always happy to discuss the area, so if if you have any specific questions, just let me know or feel free to send me a message directly. 

I don't like a 3rd party telling me how to run my business, more specifically, telling me to repair things that don't need to be repaired.

You can as long as the contract does not specifically disallow it,  but it would be unusual for there to be enough meat on the bone in today's market for three levels of investors.

Not afraid to get my hands dirty on a rehab, but must qualify VA/FHA.I've read tons about the broader topic, but I'm hoping to get a bit more "Dallas-specific".

If you have specific questions about property management, I'll be happy to help!

@Gui Qiu I would speak with people who have a current and clear mastery of estate planning in this specific instance and not random people on the Internet like me..............my understanding is the inheritance tax applies to the recipient; in this case you.

Hi BiggerPockets Community -I'm currently taking on a flip that's going to need some repair on the roof (specifically the truss) due to some fire damage prior to the acquisition.

It's very specific to your market and the nature of the downturn. 

If you have specific questions about property management, I'll be happy to help!

@Theodore Arzt I can't answer about this specific individual but I can tell you I have rented to people with felony convictions before and they were fine.