Start with BRRR in some areas that have lower barrier for entry    Pros: Could potentially get to the second investment sooner    Cons: No existing contractor connections.

This way you can begin building your network (and even adding to your database of existing leads your current marketing campaign brings in). 

This tells me two things: Obtaining a variance will be more difficult because there are already policy considerations in place intended to reduce density & (2) There is clearly an over supply of rental units in this area otherwise the overlay would not exist. 

Texas is great but has become tough over the past couple of years due to market saturation.

I believe the best solution is for her to simply use the existing heater properly by keeping it on 24/7, as intended. ( which we already told her last year she has to keep her heat 24/7, and she say no way)Additionally, she habitually pays rent late.

The tenant is not going to extend early out of the kindness of their heart.The existing lender knows the borrower and knows the tenant well.

To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc  and property factors like equity or existing financing terms.

If the amount paid to purchase an existing note is below the principal balance or more correctly, the unpaid balance, the investor will benefit from an early payoff to the tune of the discount.  

What are your thoughts on purchasing an existing home versus a new build?

The purpose of my post was to make others aware of the difficulties associated with selling entry level SFH's which tend to be in neighborhoods with limited owner occupant participation and when the owner occupant participation exists the buyer pool are the least qualified of the FHA buyer pool.