Rentals are extremely difficult to make pencil right now but would only personally consider higher end projects because the costs are far easier to absorb than trying to build in lower value neighborhoods.

I am here to learn more about my own personal investments as well as seeking out learning opportunities from like-minded individuals.

What appears to be great "curb appeal" to one person might be overwhelming to another. 

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).

There's a common belief that your tax person should also be an investor themselves.

i have seen many do very well getting on a team.Myself personally I would concentrate on listings 1000%  Buyers only if well knownand wont waste your time. 

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

The units are ready, but due a personal situation I only want one.

IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.

I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.