Hiring someone to do the work will likely cost too much (I would charge a small fortune, it's an incredible amount of work) and doing things as cheaply as possible will bite you in the *** later when you start having issues with your own shoddy work and/or materials.

So you'll be putting out quite a bit of money to do that, and when you sell, you'll most likely have to convert it back.   

Hi Hunter, I taught for 13 years in Clayton and Henry County, GA before switching into full time real estate.  

I have a question for you all that have some experience with tenants on rental assistance programs. 

Crossing the lines may not provide proper liability protection.Personally, I just kept my SF rentals in my name and got excellent insurance coverage, $500K per property plus a $2M umbrella.

In this room, I would have preferred to rip out the existing paneling, and do the electric and new drywall at the same time.

Is this something I can do without a development background?

Houston's diverse, and the real estate market is buzzing.Check your budget, how much risk you can handle, and what you want from the investment.Montrose, The Heights, Eado, and Museum District are buzzin' with mid-term rental potential.Research the neighborhoods, check the rates, and do the math on costs before diving in.

I feel that I don't have enough experience to know if I could do better or worse.

But that wasn't the question, The question was CAN you do it, not HOW do you do it.