Asking to anyone who has experience, knowledge or connections in these southern texas markets, how has this or does it affect your real estate strategy and returns? 

Include the finish selections as well so they understand what is being installed (Carpet is cheaper than hardwood and if you install hardwood herringbone thats even more expensive).Then you have the general terms as part of the contract which are insurance requiremens, licensing, schedule, indemnifications, lien waivers, case of default. 

You should have an opt-out of the contract too, so if there is anything that you are not being represented correctly on you can opt-out of it as well. 

Could I request a copy as well?

I could very well be wrong though.Not an attorney, so Im interested to see if any attorneys chime in on this - I'd like to know the answer myself. 

Many assumptions were made as to my knowledge, part due to my "rookie status" on the thread and part in that being the first deal being made. 

This community is full of knowledgeable investors who are eager to share insights and experiences to help you on your journey.To make the most of this platform, I recommend asking very specific, detailed questions.

Talk to someone more knowledgeable about what your trying to do.

Sometimes paying a premium on a home also guarantees a higher demand in the neighborhood and with that may come a higher demand for a rental as well.  

But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!