Just because you spent some money exploring opportunities in the state does not constitute business activity, so I think your fine, I agree with @Scott McCadden that I would set up an LLC in Texas if you do end up purchasing a property, or may want to explore using a land trust to hold th property which may avoid this issue all together, this has become popular in FL, but not sure if they work similar in TX.Hope this helps good luck

Way to rethink game plans and add another exit strategy to your tool box.  

Due to already having 2 mortgages other places they can't get a 3rd mortgage and buy at this time.You can find out the Fair Market Rent for your area or any area in the country by going to a HUD website,  www.HUDuser.org That is the average rent figures compiled by survey of actual rents, so you can see what average rents are.For New Castle County:eff     $8451br    $10032br    $12113br    $15154 br   $1686 This tool is awesome assuming I can get a property management company to confirm the round about estimates provided on huduser.org this is very valuable.

They are an excellent educational  and motivational tool.  

Here's a link to a TurboTax article that explains it pretty clearly: https://turbotax.intuit.com/tax-tools/tax-tips/Ren...And a link to the IRS page on the basics of depreciation: https://www.irs.gov/businesses/small-businesses-se...Hope that helps!

There are also several companies that are popular among investors here in Austin.

These are intended to be short term financing tools.  

@Samson Tefera your first flip or your 100th flip, hard money is a good tool to have at your disposal.  

A lot of the options mentioned above are great tools to use but definitely consider an option that presents a one-stop-shop for collecting rent as well (and has faster payment processing).

I've never heard of this heating method before, but a google search tells me that it was popular in the '70s and can make for a high electricity bill.