I've found an off-market property that would require $175k purchase, $35k down, $20k in repairs, with a conservative ARV of $235k. 

You want to look at paragraph 12 of the Texas purchase contract, called the 'One to Four Family Residential Contract'.

If you are coming in with 235k, you probably would not need much more, if any, to make the purchase.

I'd say if you are looking for commercial real estate wherein the purchase bought the property in a corporation then PS is not the best place for lead generation and skip tracing. 

Purchase price: $178,000 Cash invested: $10,000 primary home own use has an Airbnb/ short term rental 5 months out the year/sometime this year will try BRRRR

These estimated costs should then be reconciled back to actual costs or the purchase price.Have you had a cost segregation study performed?

Was previously purchased with a Builder to erect a SFR residence on.

I recently purchased a second foreclosure property, another condo on the east side, and am looking forward to flipping this one. 

If this effort gains traction, it could fundamentally reshape the U.S. mortgage market, impacting financing options for real estate investors nationwide.The Role of Fannie Mae and Freddie Mac in Housing FinanceFannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) are government-sponsored enterprises (GSEs) that purchase mortgages from banks and lenders, package them into mortgage-backed securities (MBS), and sell them to investors.

So I ended up using 0% interest business credit cards which I liquidated to purchase and renovate my property (total credit limit of about $95k total).