But regardless of how many strategies I may want to use, if I can't perform the basic of basics, level 1 real estate of acquisition of any property or have a stake in it, I don't think I'll last very long.

I see this place costing you about $750 + utilities at this price.I assumed:5% downfull askingself managedtenant pays all of their utilitiesExpenses as I see them:Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $1,121.45Taxes $373.17Sewer and Water $-Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00Insurance $125.00Mgmt Fee $-Vacancy $88.00Total Expenses $1,857.61 + your sides utilities

A little oversimplified, but that's the basics of the process we follow.

Basically anything you're interested in learning more about.

Trey your on the right track but you should be able to reap the benefits and limit your liability as well.In CA, we have this form below that basically tells a seller that you are not representing them and they should seek legal,tax,etc. counsel if they need it.http://www.wrightrealtors.com/pdf/non_agency.pdfThe good thing about TX, is that the laws are much different and the disclosure requirements are much less.

Basically, she is a busy professional with a family and kids who doesn't have the time to do what she wants to do in real estate.

But - you're basic outline is correct and hasn't changed much here lately.

It was not a deposit, basically.

Seems more and more MF buildings now coming on the market are soliciting offers without the buyers being able to see the property.Some properties said no visiting any units, don't knock on any doors, don't park on the property or walk around.Others would show you say one unit out of four or six and basically tell you it's the same, and you don't really get to see much in a crowded unit with the tenant complaining and saying "are you done yet?

You have a number of issues here, and the comments so far have only addressed the basic issues.