Potential outcomes include develop and hold/rent, lease to developer, and joint venture.

When you find yourself in a hole, stop digging.

The real estate agent I was assigned passed me off to someone else without explanation, and the general contractor stopped communicating with me once I had my first deal under contract.

However that's about where it stops.

So we did a sidewalk replacement which immediately stopped the water intrusion 100%.

So, I have not done anything in Waco but from our experience in Bryan/CollegeStation, places near university bus stops and being abreast on what thecommunity is investing in as far as development tend to be better areas andhelp with appreciation.Again, I'm notperfect and still trying to navigate the markets and always trying to learn myself!

Basically, they have the right to spend up to $500 without your approval, so you cannot really stop them from doing so.

Stop chasing guru/mentor “education”, tactics, strategies.  

Locals who live there and are right on top of these lower end units can make a go of it but out of state very tough unless you buy above the median price point of a given MSa and in the best school districts full stop.. this is where your best tenants will be.. houses are interchangeable.

So, I stopped giving unsolicited advice.