I would not mind wholesaling some or doing some LO or some seller finance, its just not my primary goal.

But then I notice that the name as she put it on the application doesn't match the spelling of the name on the check stub.So I run THAT name, and lo and behold there's a bunch of evictions on her record as well as a pending eviction going through the court. 

Would L-O be a good strategy for a newbie, overall, minus the risks ?

So in order to buy another property with FHA, you have to refinance out of FHA on the first one.If your LO's are not walking through all of your options and strategies with the lens of a real estate investor, explaining the pros and cons, and looking 2,3,4 moves ahead with you, again you are talking to the wrong people. 

And a few years after this applicant was accepted as my tenant, I checked the eviction records where the false name match happened; lo and behold, a fresh eviction pops up for the same name and that happened while this person was my tenant.

I to have read Wendy Patton's book and am considering purchasing her LO course.

All things being equal (interest rates, fees, etc) I would recommend going with a veteran LO.

If anyone is going to tip toe into executory contracts (CFD or L/O), you should be able to cite chapter and verse of Texas Property Code, Chapter 5 (Conveyances), Subchapter D (Executory Contracts). 

“Politicians are always inflating crime rates to keep values lo.”I think you mean the exact opposite.

There really aren't any "strategies" in the sense most REI think, like flip, hold, L/O, etc...