They probably actually have less debt than most other people, so it is easier for them to make rent payments.The vast majority of bankruptcies are medically related.They have been "through the system" and they don't want to go through that again.

Systems: Implement efficient systems for property management, financing, and deal analysis to streamline operations.Best of luck with your property in Dallas and your scaling journey!

I have a good team helping me, I have a good system, I’m confident in my ability to talk to sellers because I’m a real estate agent and just am nervous that I should be trying to reach more people.

You really need an infrastructure to run something like that - systems, people...and you have to keep it going. 

Don't take over rented systems from previous owners.

You can often uncover major things with a little research before you view the property - Ages of appliances, HVAC system, foundation/cracks, plumbing leaks, small electrical things (bring an outlet tester), signs of previous leaks, termite damage etc.

You have a good support system here, hopefully your brokerage does as well.

Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.

I currently self manage so I don't have systems/team.

Or, they can let the system implode and reset.