In structure it acts very much like a land contract where you contractually accept the benefits and burdens of ownership but don't get title until the note is paid. 

., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.

Im doing this because I'm not ready to sell and would like to have the cash flow and investment tax benefits while it's leased. 

To realize the deferred tax benefits of a 1031, you must use a 1031 intermediary / facilitator, which is essentially a third party.  

Hello BP community, I’m relatively new to real estate wholesaling.

A place for opportunities with high rent returns for relatively low purchase investments.This question assumes you have good enough credit, debt/income ratio, income, etc that getting the loan will not be an issue.  

However, there are some other regions of TX that still have some meat on the bone - relatively speaking.  

My primary source of income at the moment is from a non-real estate related business in PA, and I’m a resident of NJ.

My guess is the two numbers under debt coverage relate to 1: the first purchase loan, then 2: the refinanced loan.Do you have a Lender who'll let you borrow 100% initially?

Although everyone took a hit, many homes in RO kept values relatively close to where they were at pre-recession.