There are lenders who will do the loan if no health or safety issues even with litigation (depending on the details). 

I work out every evening - before cocktail time :-)....

The extensive root systems will start caving once removed, which will cause issues for a while -- we had one down in a storm and we're still filling in where roots all over the yard continue decomposing, causing depressions in the yard even 5 years later. 

However, after talking with the loan officer, he said you cannot change your primary residence while in this loan (even after a year) and that it was technically the same for FHA loans.

I've not found anywhere on the internet where for eg a $50K loss on the property can be taken as K1 loss on personal income.New CPA said you cannot take rental losses and pass them through to personal taxes even if you do an LLC. 

I tell all new investors to get a great bookkeeping system, and even consider hiring it out from the very beginning. 

With today's mortgage rates a 30 year mortgage doesn't even work! 

They have an ID card with your picture on it so you cant even sneak in guests. 

My lock notifies you by a light when it is time to change the batteries, so even in the event that the battery dies, you can still get in with a key.

Hi Shaul, As an investor and agent, I'll let you know that finding a property that is $150k or less in DFW, even one that needs work, will be very challenging to find.