Your LLC is a Texas LLC for legal liability purposes, and it is treated as a partnership for the IRS purposes.No changes needed.If the second member is your wife - you will simply report your rentals on your personal joint return.

I'd be happy to answer any questions that you may have and go over various options that may work for you, but typically your investment is either going to be a loss (if you sell) or have a lower ROI than you initially planned as you will likely have invest another $30k to get it rent ready.There are some people pursuing legal recourse and @Aleks Gifford is a local person who is coordinating some of those efforts so  I would recommend reaching out to him.

Most of the time mold is simply: remove the soft materials, wipe down studs with some bleach, and replace.

Please feel free to reach out with an introduction or to network. 

It simply didn’t make sense for me to invest locally.Still there are a lot of successful investors in your area.

Please reach out directly to a lender to see exactly what their quote looks like. 

Feel free to reach out if you have any more questions. 

Don't hesitate to reach out, I would love to talk.

Please feel free to reach out to me or recommendations.

But you should reach out to @Drew Walls he's well versed in all things FHA and lending in general