We know there are some areas of risk/exposures with such an initial undertaking, and we believe that with our resources and grit we can make this work. 

Get agreement on you using 10K or 50K or whatever to invest in a property and you undertake to use the proceeds or profits if you are flipping to invest further but you will not risk any other capital or the family home.

If the flooring were only in one room then I wouldn't be writing this post, but removing all of the flooring (including the kitchen), remediating any existing mold, and adding a new floor is a significant undertaking that I am not prepared for.  

Any examples and scales where the "re-zoning" effort allowed for an increase in Residential (R type uses) would help so I can understand the process a bit better before undertaking such an endeavor.

Foundation repair, redecorating the interior, and photography. 

Managing property is a doable but serious undertaking, especially from outside the area, and especially in an area as dynamic/diverse as Kingston.

Before you jump in head first to an undertaking such as this, make sure that you create your own list of pros and cons and really think about whether this type of endeavor is right for you.

An independent contractor is not an employee".https://www.trec.texas.gov/agency-information/rules-and-laws/trec-rules#topDo you see this as a good option to stay on the right side of the law while having them undertake property management activities, or do you see big pitfalls here? 

Newark does have more inventory however some that need large rehab at our entry point, I'm not sure if it would be a good undertaking for first investment.Noted on the Tenant Screening, I'm going to be searching through the forums and gather some best practices and also when time comes to utilize some online landlord management sites like cozy or turbotenant to assist in that matter.thank you again for the info/tips!

It is a big undertaking, so be ready!