Meaning being a developer is actually possible for a local to develop in their own backyard. 

Your best bet is to look for portfolio lenders, local credit unions, or banks that specialize in condo loans, as they may have more flexible requirements.

She's going to move from out of state to my locale, enabling me to more easily help her and allowing her to spend more time with her grandchildren.

Quote from @Mason Jacobs: Quote from @Eric Goldman: Quote from @Mason Jacobs: @Eric Goldman had a good point, if you don't rent it out no one will lend DSCR, you might get a local bank but a DSCR doesn't work if you don't have it rented!  

Between the neighborhood recommendations, the renovation "trends", and the "challenges to navigate" I'm praying that a local realtor didn't actually write this.

It feels really unethical.Your comment: "I got a call from my attorney"I'm curious, since you have legal representation that you are presumably paying for, why are you asking people you don't know, who aren't there, haven't seen the paperwork, don't know the local laws or the situation, instead of asking your attorney?

You’re in an ideal market for growth—DFW is full of active investors and countless networking opportunities through local meetups.

Walkable to locally owned restaurants and the street had mostly owner occupied homes that are owned by long time owners.

Stick to areas with better soil conditions like Frisco, McKinney, and Rockwall, and network with local investors to learn from their experiences.

My quick tips: focus on strong communication, stay organized, and learn the local landlord-tenant laws inside and out.