The loan originator may choose to:1) have the amount of the credit remain the same as stated on the GFE to cover additional closing costs previously not anticipated to be included in the ?

A food truck or trailer is taxed to the owners, not to the property, so my fixed costs remain low to try it.  

Going through probate might be necessary because the assets of the deceased are supposed to be used to pay for the debts of the deceased, with whatever remains being distributed to heirs.

Tell them they are jointly responsible for the lease and that if the remaining one does not qualify alone they both need to move out.  

You can get a 2nd mortgage towards the remaining down payment, including seller financing. 

If your definition is a company that buys, rehabs and manages their own inventory so they remain responsible for rehab issues and management problems, (which is my definition)then there are only 3 in Memphis I believe..1.

I plan on using the money I make to finance buy-and-hold real estate deals in the Austin, TX area, where I one day plan to settle down at.My first question to the community is, Do you think it is a good idea to pay off my remaining student loan and vehicle debt before jumping into the world of real estate?

@Dominic Wentz Blanket loans typically are 65% to 75% loan to value which will allow you to purchase the remaining four properties. 

(money owed), how long do funds get tied up for?

I'm surprised by the way some flippers have tied their contractors tight to prices..