Residential properties are valued based upon comparative sales, not upon the value of the cash flow produced.If you are looking at the house as an investment and trying to forecast the rate of return on the property, you should probably perform a discounted cash-flow analysis and calculate the {M}IRR of the the projected series of cash-flows.

(Probably sell for $360ish) Another lady has 1300 sq/ft 3 br 2 bath that she paid $129k for in 2001 and through a series of 4, YES 4, cash out refinances her mortgage is $235 and she is approx $10 behind, finally a young couple that has a 2000 sq/ft 4br 3 bath with a pool wants to sell "subject to" but they paid $389 and comps are around $250.

You have a series of steps to follow for your advertising scheme and it starts with local Penny Saver type Flyers that allow you to place an ad for FREE.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Even though the state of Texas enacted legislation creating the series llc back in 2009, few people are using it. 

I found a studio in a co-op that's 400 square feet which would suit me perfectly, and it would allow me to save money in terms of rent expense ($1,450/month would turn into $600/month all in), commuting expense (I would bike the 2 miles to work and back), and general cost of living from moving out of the city. 

Thomas Stanley’s Millionaire next door series are a solid read as well.

But I ran 240v lines throughout connecting several in series.

I do bike a lot, and I should ride around neighborhoods for "for sale" signs.