Who cuts the grass? 

At a 500-700k budget, I'd look at a 2-4 unit property in places like East Nashville, Colorado Springs, Raleigh-Durham, Richmond, VA, maybe Salt Lake City (though that budget might not cut it there).

Let the wholesaler spend the money finding the motivated buyer then swoop in and cut them out..

If you get a little further out from LSU, you can probably buy in the mid $200k range and cut $200-$300/month out of that.

I’ve had the house for 6 month and I feel like there’s so much deferred maintenance that I can’t keep up, should I cut my losses and sell the house?

Do that for a year or two and then help that owner buy another and you take a cut in the deal maybe in exchange for management. 

It's a double-edged sword, but for the smart ones who work hard and actually try at their W2, they will get that option to leave much, much sooner and not have to leap.

For the 10 year period spanning October 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its second cut to the federal funds rate since the start of the COVID pandemic.

If it sounds too good to be true, then make sure that you take the necessary steps to ensure your own safety.

This is an edge that you earned.