I bought my first property in Knoxville as an out of state investor from California and I've been really satisfied with the agent I worked with.

Also, maybe ask what returns he is looking for and maybe just purchase a MF and see if that resulting cash flow would satisfy his needs then make that the target and walk down that path.

I backed out of a turnkey deal once for the same reason - after they reviewed the inspection report they asked for a structural engineer to assess foundation issue and was not satisfied with the fix the turnkey provider proposed to make.    

I would take what documents you DO get to your title company or closing agent and ask what will satisfy them.As to contract form, I do not know what Texas-specific contracts you typically use it if you use your own.

What is my recourse if I am not satisfied with my investment or the service I receive?

They may require you to pay down the note a bit unless you have enough equity to satisfy them.

@Andrew Olmstead , are you satisfied with her knowledge of Investor Tax strategies?  

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

I have used him for nearly two years now and am very satisfied with his expertise. 

Think of my side as my house and incur all expenses and mortgage separately as if I just bought a single family home and the 2nd unit was a single family home I was renting out.I think i need to look at the property in the first way to make sure the investment makes sense, and look at the the property in the second way to see if I as a homeowner am satisfied paying 'X' mortgage.