I also read through a number of legal articles, paper, the Texas Property Code, etc. and I can't find anything specifically relating to how we gain an interpretation of this from someone empowered to do so.

A quick look at the FEMA web page looks like it is in a flood zone (it appears to be in zone AE).

I want to have a page I can give to my investor that shows a little info about the property and explains the CAP (shows the #'s).

Borrowed a beatup pickup from a relative (after they repod mine, that was a fun day) and started working for a rehabber for peanuts.

And I adjust the expenses by removing items that are related to the seller’s financing (unless I’m assuming it) such as Amortization and Interest.

I want to start and have only the basic information I have read on the web.

There is also the work involved bringing that 6 unit up to date doing the rehab to get it into shape so you can rent out units with relative ease and compete in the market place.

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

Both, your ability to qaulify and staying under your entitlement.Look in the yellow pages for mortgages, most banks do government loans as well as many mortgage companys.....pick one, call several, but you won't find much difference on VAs.

Looks like you might learn more in the "related discussions."