CoC ROI of a minimum of 20% ... high demand areas to achieve 90%+ occupancy ... something unique about the specific property (location, size, views, etc) ... appropriate regulation with no near term changes for seen. ... potential to value add The best purchases I’ve made are from amateurs trying to self manage and getting their butts kicked...

I'll be in Houston the week of April 14th, and I'm schedule appts now to connect with clients and potential new clients. 

I just started hunting in that area myself and there've been a few potential deals. 

Meaning I have the potential to keep all of that (not including appreciation or renovations).

Sign a representation agreement with him for any potential deals he brings your way, and you both win.

Would you send over the offer terms in a seller-financing contract or send over the potential returns for seller based on analysis?

Tons of SFH with potential separate spaces.

In the past I have asked for a higher deposit but I just dont want to deal with any potential non payment issues nor evictions. 

They will likely already know who is in the area, who wants to be in the area, and what other projects are in the works and further along than yours which may remove potential tenants from the conversation.

Then some time on understanding risk and how to manage potential downside vs expected upside.