The house had some signs of foundation settlement when he bought it which were chalked up to age, however it’s clear now that there has been more recent movement (some of this may have been due to an earthquake a few years ago) causing about 3 inches of settlement along this very small house.   

.#5  Airbnb -  Do NOT mention "airbnb".   

@Benjamin Bieber   I have heard of the company you mention but know nothing specific about them at all, but anytime you buy a property you should do your OWN due diligence.

Not to mention that I've also learned having two ADU's is a no-go for many conventional bank lenders. 

Hi @Gil Canfu definitely there are many places in DFW where you can invest in a good rental property.I am not sure where you are at, but if self managed you should start in cities with good proximity to where you live.All the corridor between Princeton to Saginaw has good deals but there are many others things to consider as I mentioned previously.

Since you are not doing super high end finishes as mentioned, doing high end flooring and all other stuff just above builder grade does not warrant tile or full wood flooring. 

Cold calling is already such a poor-performing strategy. the ONE thing good about cold calling is that you are talking to a HUMAN, building rapport, and asking and answering questions.Now that ONE good thing about it is taken away...Like David above me, no experience, and it would indeed be interesting to see how it does, but that doesn't take away from what I mentioned above.

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

The challenges experienced in the cases mentioned above and elsewhere would be non-existent.

I forgot to mention another sales tactic is to tell people at the three day class you can charge your investors the 40k tuition.