I’ll start with your method of analyzing deals.

If so, put in the work and use the low cost methods.

Time will tell if the school can work with his methods or vise-versa. 

other wise some of the big wholesalers in Texas would be offering on every deal tieing them up and then trying to flip them to bona fide buyers..I like it personally lets me have a methodical chance at this stuff with no interference from middle men. that are just acting like brokers anyway.

This method still intrigues me so I like keeping up with how things are going for you. 

I recently served one of the tenants with a 30 Notice to Terminate Tenancy (tenancy less than one year) though the nail and mail method.

So don't overlook the old school methods either.

Ok i get it if your expliantion is accurate then they are not really loaning per se they are doing equity JV deals and no doubt in the operating agreement if you fail at all they simply take over and finish the deal with out having to deal with you anymore.. and again I can't blame them for that method I would do the same if it was 100% my money.  

Minutes from bus routes that connects to the train which connects to major parts of the city.Ideal Location - located in a mature neighborhood surrounded by several desirable schools.Near local amenities such as a shopping malls and leisure centers.Home setup is desirable - top level and potential legal basement for dual incomeHome is in rough shape and can add value to it (BRRRR method) which is what I want.Alley and Garage parking.Cons - Located on two main roadsThere is street parking in front of the home (2 lanes of traffic both ways). 

My recommendation:  Focus on Single Family Homes and look towards the BRRRR method.