To precisely assess each property's cash flow potential, a comprehensive financial analysis and due diligence process are necessary.In order to invest in Dallas, one should carry out extensive market research, establish connections with local investors, property managers, and real estate specialists; moreover, one should investigate financing alternatives, investigate possible investment properties, and give careful thought to property management.

These deals have been going bad almost every day and are only  suitable to HIGHLY experienced real estate professionals who know how to do the due diligence and assess the risk.

National dues could see a raise in the multiples, or come with a special assessment of an extra $500.

I asked my agent why the Sellers would downplay the property as only 1,895 sq ft and she said it looks like the current owners bought the house with the sunroom install, but could’ve later added the heating/cooling systems BUT, didn’t go to the county to get it permitted/assessed to be added as true sq footage. 

The Book on Rental Property Investing" by Brandon Turner: This comprehensive guide covers various aspects of rental property investing, including house hacking.

@Chris Dawson - I just finished a CSS Decision Diagram flowchart intended to bring together all the various questions when assessing the benefits of a CSS (via a professional or DIY).

If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility. 

Assess you personal situation and go from there.

You also might face unexpected costs like special assessments, and market saturation could impact rental yields/resale values.

Can someone provide me with some financing ideas other than the two that I just mentioned that would enable the other heir to receive cash from their portion of the equity based on its current assessed value and allow me to take ownership of the home, subsequently remodel it, and rent it?