With lots and lots of schedules no one asked for.  

only one avenue to this and that is an equity partner that shares your dream. 

One I know is based in LA as that's a huge market of course..

If you aren't changing at least one small detail you are probably doing it wrong or not fully engaged, in each update session. 

Find an older one who'd rather sit back and get the interest than the higher return higher involvement of another flip.

We were on a very quick timeline and were able to get one quote that didn't seem too bad, but we still were concerned about future resale value.

I have been to the DFW area a few times but not specifically to these northern suburbs, but I know that DFW is one of the fastest growing metro areas in the country with a robust economy, and I expect it to keep growing.

Yes, that's one of the motivations that bring us to BP we want to start with the right foot!  

He also told me he probably wants to re-negotiate the balloon payment because he doesn't want the bulk of the capital gains all in one year.

If your goal is day-one cash flow, the current high interest rates will make it very difficult.