I think due to the rapid expansion during the pandemic that caused housing prices to skyrocket mixed with interest rates, no one is able to successfully do an LTR (unless you BRRRR but even then numbers are tight).

From there every 20 point increment affect pricing differently.

Acreage land has a rapid value appreciation in Texas.

Furniture tends to rapidly depreciate while real estate tends to appreciate.

From there every 20 point increment affect pricing differently.

From there every 20 point increment affect pricing differently.

In reality, as market conditions changed rapidly, these promises fell through.

I am considering this because it is seller finance, low out of pocket and it would get me in a market that is expanding rapidly.

I thought it would be extremely formal guys with briefcases and way over my head. i felt it rapidly grew my network, knowledge basis, and confidence that has propelled me to be successful in acquiring 300+ units over the last 4 years. 

Most lenders have a limit to how many draws you can take from your rehab budget and often it will cost a small fee (you can include that in your budget) so you'll want to confirm if/ what their limit is should you expect to be taking a lot of draws or complete the rehab in smaller increments.