I do want to commend you for being considerate of her pregnancy and new baby!

Up-front cost is a huge consideration when considering CS but it isn’t the only one.

It's unclear to me what would trigger them finding out about it in the sale process. 

Lastly, converting the property to an LLC after the property purchase may trigger new taxes, specifically a Title Transfer Tax. 

Will appreciate if anyone experienced in Abilene properties can share thoughts on the area and if I should take into consideration.

Will appreciate if anyone experienced in Abilene properties can share thoughts on the area and if i should take into consideration.

However, a major [permitted] project could trigger a change to the building valuation in any year... say you were to build an addition that adds another bedroom and bathroom... that would likely trigger an increase in value beginning the tax year in which you do the project.

Profited $22,000 after taking financing, purchasing, resale and holding costs in to consideration.

As a fire protection engineer, I can offer a broad range of assistance for fire / life safety considerations that BP members face.  

I've debated the renting consideration, but it's a large amount of capital I wanted back.