Not ready to pull this trigger, but are we legally obligated to find a tenant or can we just tell them the offer has expired and that we are no longer seaking a tenant. 

Many hard money lenders offer loans that include rehab costs, which could be beneficial for your BRRRR strategy.Alternatively, if you find a lender that offers a DSCR loan with a lower down payment requirement, that could be another route to explore, especially if you already have positive rental income history.

There is an offer to buy but if I include everything I've spent over the years, mortgage P&I, taxes, insurance, HOA, and recent repairs, I will just break even.

By Friday—just three days after closing—it was listed on the market with professional photos.Over the weekend, offers started rolling in.

Also, how much did you offer the seller?

When I originally put my savings into Marcus, it offered the best APY rate at 0.5%. 

Are there any central Texas builders out there that can offer me some guidance with these concerns? 

You’ll be surprised how many people are afraid to offer 10-15% off asking when the buyers would at least entertain such an offer. 

Make your intentions clear and make sure you have something to offer.  

These policies focus primarily on providing coverage for the physical structure of the property.There are three main types of DP policies:DP-1 (Basic Form): A DP-1 policy offers the most basic coverage, protecting the dwelling against named perils such as fire, lightning, and explosions.