Large non-refundable EMD will overcome not seeing it in person. 

The earnest is non refundable.

I would recommend to all that they build a STRONG relationship with a Realtor/Broker or several Realtors, because  2.Downloaded a list of multi family owners from Listsource.com - You can get this from a Broker who can run a list of non-owner occupied properties, this features the number of beds and baths and from which you can build a mailer and network. 3.

Consult an STR expert and hire an inspector for confidence.

Non-profits and/or sober living operators may also be interested, depending on their needs.

Jake and Gino have one you can download from their site, but it wasn't like the pitch decks I've seen for non-real estate investments; it's a little cartoonish and didn't make me want to become an investor with them.

Connect with local investors and experts for a house-hacking strategy and ensure proper permits for rental properties.Good luck!

Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.

Texas is a non-disclosure state.

I would likely use the equity to purchase more real estate so I might just 1031 into a new propertyCaveat: I am not a CPA, tax professional, lawyer, IRS afficianado or other expert in taxes, but...If you have lived in the property for two of the last five years, you should be able to capture that $100k in appreciation without needing to go through the hassles of a 1031 exhange.