Best bet is to buy older homes that's renovated inside or you can renovate after purchasing and because older homes have at least 6 vehicle parking.

I went there to have the water turned back on and started getting caught up in what the preferred order of operations should be.

Some title companies will require an operating agreement, even if sole member, to buy or finance a property.  

Month-to-month means they have not re-signed a lease but are operating in the holdover period on the same terms.

Wholesaling is just like any other business; it takes time to build systems and processes to run a profitable operation.

Though I know it's possible for rent and prices to go down, I'm willing to bet this city is here to stay. 

Can you please share contacts who operate in Austin or San Antonio?

Bet, they will say: “I want to keep my house”.Do you all understand you are targeting the wrong people?

Costs will be far lower, but an owner/operator would still get the benefit of staffing and material efficiencies. - You could consider owning those as rentals and leasing out to the businesses. - You could sell the land to an owner/operator who wants to build assisted living. - You could own and operate those yourself and just hire great management or bring in a management company. 

Your best bet is to ensure that there are no material modifications that would in any way harm or even moderately delay the ability to rent it out and qualify as a normal SFR (one lease, one family) or sell on the market to an owner-occupant