I regularly see promotors selling lots in beautiful communities for $40,000-$100,000 in Texas. 

It’s a good gesture assuming it is part of what gets regularly checked and restocked if needed. 

During the renovation phase, adhere strictly to the scope of work and budget, conducting regular walkthroughs to monitor progress and ensure quality.As the project nears completion, prepare for sale by staging the property to highlight its best features and create buyer appeal.

Plus it's a great exercise to ensure you understand each step of the deal, and if there's anything you're missing--something new to learn as well!

For instance, how did the due diligence "come back as clean" and the "leases were solid" if the rent was not paid up to date and paid REGULARLY?  

Network with investors, analyze properties regularly and build a strong team early.Good luck!

I'm in a small town with nobody to really network with on a regular basis.

Good thing is they don't have rules about the interior remodeling (except the regular county permitting process).

Qualify the contractor and highlight the benefits of working together which would include consistent work for them and regular paycheck.Personally, I'd buy the materials and never pay any money upfront, a "red flag" on its own.

A nice but rental quality unit gets 1500-1650 regularly in that area depending on the size and finishes.