i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.

Good short summary.I've done several Phase 1s and knew it was important, but the specifics of why it is important was never really clear. 

Perhaps partnerships with a capital provider where its a lower rate but give up some upside?

Market Growth: Texas cities like Austin, Dallas, and Houston have experienced rapid growth, but is the market becoming oversaturated?

I was looking into bank stamens loans as well but I'm not sure if that would be the best option for us currently.

What is the service life on this piece of equipment.If it has capacitors the service life could be 10 years, or they may have a service life of more than that, but they don't live forever (what about repairs?).

Failure to meet material participation rules will limit rental losses to offsetting passive income or carrying forward.This post does not create a CPA-Client relationship.

I would like to continue manage the props through the leasing  cycle but need help to market my property and get qualified tenants asap. please help. 

Quote from @Dalton Dillon: Thanks for your response @Joe Villeneuve Possibly my question could be more specific but maybe instead of a response like that, you could ask questions to help narrow down an answer?

Unless you still want to buy the property, the seller is in breech for not closing because you are full ready to close but they haven't or refused to sign anything.In NC if the seller breaches, the buyer can sue for specific performance.