I'm not sure I have a great suggestion in regards to best ROI for you.However, I've done projects in Waco and done permitting for commercial projects through the City and know surveyors in Waco as well that may be required if you plat into new lots. 

This project has the potential to be a 1 mil + project if done right.

Thanks for the feedback Jon.Specs on home:purchase for: 415kclosing costs: 8.3krehab: 16kholding: 3.5ktotal project cost: 442.8kclosing on sell: 11.5krealtor costs: 29kARV: 575k (comps provided in his summary)potential profit: 92kCan you elaborate on your point #2?

I would love more information on these type of projects and wind projects in Texas! 

That could affect resale in the future as well as current rents.  

Great location in fantastic school district, rapidly growing area, showing great potential for future rental.

I keep my eyes open in the Daytona Beach area still and this info would be helpful in the future.

My day job is primary research through surveys, so I was very interested to see if this was a single project or various surveys.

Are you going to stick with out of state flips or take a different route for your next project?

Losses are going to offset future income.