Bottom line though for a buy and hold investor Property tax's are an important component and all things being equal if your in non appreciating states. .Like Texas basically has been for ever and a day ( except Austin ) and the little bit of run up they have had..

Dodd-Frank has convinced most private (non-bank) lenders to cease this practice.

Blackstone also acquired a majority stake in a non-bank mortgage lending company this year called Stearns Holdings.

But he forgot again, and I bounced two checks and was charged $75 in fees.We have a verbal month-to-month lease and have never discussed late payment penalties because we have never had to.It's my bad because I shouldn't have written checks assuming I had his funds.

Have they given you a non-refundable deposit?  

Summarized, LEGALLY, THERE EXISTS NO OPTION FOR NON-PAYMENT OF RENT.

Is a license worthless if I receive it through a non-accredited school?

I also owe about 20k in non-mortgage related debt. 

I think a lot of people like lease options for the fact that your can get a good amount of non refundable money upfront say $5000 while they are renting your property then when they decide to leave and take the option to buy property you get that 5k plus the rent they were paying you.

You could literally write up your own deed restriction to a property you own and then go down and record it; regardless of whether that deed restriction is legal or enforceable.Hell, in some areas, older homes still have deed restrictions limiting the sale of properties to non-negros only.