Would my cash flow severely decrease?

I currently have about $70k in equity from other properties and access to another $30k in cash.Coming up with the other $300k for the temporary flip is the challenge.The online auction keeps getting relisted and is quite the tease.

I did a google search and found a few companies that offer numbers/reports for money, and also went to the TXDOT website but was thoroughly confused.I also want to be able to see if the traffic has been steadily increasing or decreasing over the past few years. 

I find it hard to believe that my assessment would be decreased and by law I'm not required to do anything. 

Debt to Income sounds like your biggest inhibitor, therefore, get started decreasing debt and increasing income.

You could sell it to the tenants as temporary, only as long as they run up the bill.

There are too many variations that could make this increase or decrease based on project complexity. 

If there is fire, smoke, water, or storm damage to the unit  and they are forced to move out while repairs are being made - the Renters policy will pay a set amount of money towards their temporary residence (hotel) until they can find a more permanent place to live or you are ready to have them move back in.

Another option for me is to remain the owner of the house and rent it.First, it will decrease private college financial aid because of the home equity.

To me it seems these new things would flood people to the area and keep renters, but would my sfh rental rate decrease with this unit saturation?