I can take my time and find the right deal for the next one(s).Even though this property is cashflowing well, and I don't need this money right now, would you agree that I should analyze this as if I were buying it today in order to properly compare it with other properties?

Notice was properly given etc.The problem is that the master tenant sublet to a number of subs with leases that extend beyond the term of the master lease.Any thoughts on how to approach this?

With the MTM you would need to give proper notice of the change.2) There are numerous technical solutions to the metering issue.

You will NEVER get rid of the issue unless you put costly drains around the foundation to drain off excess water properly.

Tell them your local attorney can make sure everything is done right (funds drawn on US bank, recorded properly, etc.)

To make it even better, I had to wire another $14,000 to the proper account to close on the house or run the risk of losing the deal.

Dallas proper...schools suck!

It's much easier to tag properly that way.

As an attorney who handles evictions for many homeowners, I can tell you that if not done properly, renting has the potential to be a total nightmare.  

If you have the proper applications filled out by qualified persons their should be very little to be worried about.