I've recently inherited a property, which I'm not selling and currently renting.

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

I find it much more useful when you have multiple properties.  

Quote from @Garrett Kroll: Our property management business recently reached 1,000 total reviews across our 18-property portfolio, and we’ve been fortunate enough to maintain a 4.99 average rating across all OTAs.I wanted to share some strategies we focused on that helped us reach this milestone.

We had to 'pierce the veil' and have an underlying partnership agreement, bank account in the partnership name rather than Land Trust name, but it did work out to open an operating account for each property.  

I’m aware that the process of getting a conventional or a FHA loan is a bit more strenuous as a 1099 and wanted to know the best course of action I should take as I’m trying to purchase a small fixer upper multi-family investment property hopefully by 2026.

Quote from @Karen Seguin: Good afternoon, I am currently closing on my first commercial multi-family property and all of the tenants would like to stay and I would like them to stay as well.

You can look at who owns properties of interest in your market through google searches.  

I saw an opportunity to position the property as a long-term rental for workers or residents relocating to be near the casino.

This first season is for you to gain hospitality and property management experience and reviews.