I own and run another business that produces a nice income. 

@Mike Cumbie Nice point taken from the story :)I guess there is no 'right thing' in these situation: that old lady made the best choice she could with the information she had and the background she came from. 

Figure out the realities of TODAY to bring the project to completion and still make a nice profit. 

You're taking raw materials (a crummy property, building materials) and labor and producing a produce - a nice house. 

I don’t rent houses with high rent.  2k in El Paso is a very nice house.  

It does cash flow nicely but more so it will quickly gain equity as property values are quickly elevating in the area. 

Canadian investors are particularly interested in the area, funneling $326.2 million into North Texas over the past 12 months.Job growth and economic diversity were cited in the report as driving interest, though 49 percent of respondents reported “strong economic basics driving rental growth value” as the primary reason they’re putting their money in the region.

I want to built a nice looking house for an affordable price that will ultimately bring value to my restoration and bring a nice profit. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

@Rabeeya Khan Croker Highlands is a nice area.