Being in our 40’s, we still have a lot of time to make investments, so we can afford a little patience to see how things turn out.

Lets start with when it does not make sense: Owner finance does not make sense when the borrower cannot afford the property. 

Larger families, remote workers, or investors could see it as ideal, especially if local schools or amenities like parks, dining, or entertainment are strong.

Also, the amount of damage was so expensive to repair that he simply could not afford to fix the more damaged units.

Cost of Living and Affordability: Texas has been known for its affordability—how does it compare to other emerging states like Tennessee, Florida, or North Carolina?

Always buy the best quality property you can afford.

You want to put everything in writing and be very clear about expectations and responsibilities.You also need to verify the remaining tenant can afford the rent.

Many people want to invest in real estate but can’t afford to buy an entire property or deal with the hassle of being a landlord.

I've offered to rent W/Ds to tenants in the nicer neighborhoods as I can buy a used set for $40 and rent them for the same price per month, but the tenants typically have their own.I'm also entertaining the idea of getting a whole house service contract for all appliances including the AC, plus plumbing. 

ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels;  only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said;  there is a small movement supporting rent by the room as a small step toward solving affordable housing.