Allow a pets and I think you will have a great spot.Would adding that extra space/ spending that money be reflected in an appropriate increase in the property value too?

Whatever you use, highest mil layer you can afford, 100% vinyl so that it's waterproof, use a good underlayment. 

One less extra software to worry about...

If the property is in a rough part and only rents for 1000 and is harder to manage than a rental that's double that and it's percentage based they gave to be compensated fir the extra work. 

@Kobe Carr Please pay extra close attention to the property taxes on anything you buy in Texas.

If there aren't issues with this and it wouldn't be too much extra work, I'm really just looking for an additional tool to incentivize our borrowers/purchasers to keep paying timely each month. 

(it will take you 163 months to break even on your cash outlay by paying that extra towards principle).

Maybe if you really like these guys and their work...and feel that they honestly got in over their heads, you could throw them an extra $500 just to appear 'nice'.

Do not just buy LVP with underlayment already glued on it as a layer.

To get any cashflow I think I need to be looking for something around $250K, that doesn't need a lot of up front rehab, to give me enough extra for closing and reserves, and in a submarket that will gross 3000/m.