Initially we thought we would flip, but now we're thinking of holding and using the equity for future investments.

Does the City have Future Land Use Maps showing a higher density?

Honestly, I’m hoping to move back there in the near future - but that’s for another time.

I did end up passing on this but it’s good to learn and be more knowledgeable in the future to protect our investment but find opportunities.

However, from the stories I've heard it so far, sounds like it can lead me to the life I want for my future if I play my cards right.

I would include in your future offers that you want sellers to show proof of lead cert, if not have them pay for it as a part of the sale if it is not present. 

Also, my insurance company said it would be the same rate regardless which option I go with.or do I stick with the cheapest option upfront like a shingle roofObviously the upfront cost/future cash flow will be hurt the most by the standing seam steal roof (although it could assist in resale value)Does anyone have experience on roofing or an opinion which is most ideal for this scenario?

I work as a nurse, so I do normally have four days off per week that are free to explore real estate further but starting next month I will be working nights for the foreseeable future. 

Since Waco is running 6 years behind the rest of the country and with millions of people now moving to Texas, we know what to expect for Waco's future in the next 6+ years and THAT is what makes Waco one the most attractive real estate markets in the country today.                                                                                                                               

(Google Fed Futures and click on the CME Group tracker).