It all started when my wife's college friend offered me an opportunity to invest in a commercial property.

Find a reliable team, offer fair pay, and keep them motivated to stick with you for future projects.That’s what I have off the top of my head.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

I never put my time into finding buyers unless I had something to offer.

Is this an offer to sell, invest, or broadcast?

I think you should also confirm to them what lease renewal terms you are offering them so they can make an informed decision.If you make the repairs, you'll create some goodwill with the tenant and they will be more likely to renew.

Anyone still in this area or are offering a partnership?

It's going to offer Strong economic growth, Appreciation (especially in DFW), Tax advantages (no state income tax), and a Growing population, including infrastructure and amenities. 

There are some DSR Rehab lenders that may lend based on ARV.Otherwise, you'll need to raise funds from family & friends.

Large apartment complexes flooded the market with inventory and are offering crazy incentives and amenities that crush the small landlord which can make finding a tenant challenging and often for less than market rent.