@Brandon Van Wormer there are plenty of lenders who offer low down on owner occupant small multi.

A good assignment contract specifically for Texas laws, what to ask for in a contract from the seller's agent if doing Direct-To-Agent wholesaling, what specific Texas laws do I have to watch out for).Does anyone know of anyone offering mentorship (that isn't a genuine scam/*guru*) or a place to find other wholesalers in Texas (preferably San Antonio). 

Seller went with the other offer. 

What other software programs have you used for a similar analysis?

DSCR can feel like the wild west sometimes because different companies can offer different rules and guidelines. 

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Also, many investors go with a 30 year fixed DSCR option, not a 5-7 year balloon payment if we are discussing 1-4 unit or 5-8 unit DSCR programs.

His programs run close to $10,000.00.

Eventually I'd love to open a non profit and use rentals as part of a program for youth aging out of the foster care system, like independent living.What are your goals in the REI space? 

@Amanda King  here are some best practices for you to followRecommended Best PracticesWritten Relocation Notice  I would provide tenants with Dates/Times of tenting, how long it will be uninhabitable, rent proration method used, relocation assistance program terms (Caps, reciepts, deadlines,) and deliver my certified mail, email and posted on the property at least 10 days before tenting.Standardized Assistance FormHave tenants submit, Name / unit, Contact info, Hotel receipt(s), Signature acknowledging termsClear Assistance TermsDraft language such as:“Landlord agrees to provide relocation assistance limited to actual lodging expenses incurred during the pest control displacement period, with original receipts, up to $200 per night for a maximum of 2 nights per household.