Cost overruns are very typical with first-time flips, and I would strongly suggest any real estate investors, especially new ones, have access to additional funds if they find themselves going over their budget. 

They will be removed from your credit and you start all over again from property one.

Make sure your representative feels at ease utilizing technology for correspondence, sharing real estate listings, leading virtual tours, and remotely managing paperwork for signature.create a local team that includes an experienced real estate attorney, accountant, and insurance agent in the Houston region, in addition to a real estate agent and property manager.

Also, would their credit score matter in that case?

FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property.I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan. 

Meaning refinancing or gettling a line of credit on a free and clear property?

If you had to deal with the credit card payments for an additional 6 or 9 months longer than expected, would you be able to afford to hold the property?

I suggested, he reach out to Floridacentral Credit Union that his mother has used for years and apply for a refi loan.

FUNDING UPDATE:Hi everyone, thanks for keeping up with me and my undying drive to acquire this property.I spoke with my lender and the idea came up of pulling a HELOC on my 3-Unit house hack (which I bought some significant equity in) and using that line of credit for the down payment of a DSCR loan. 

I don't have her credit score, eviction history (just WOM form her landlords - all good things to say about her), or criminal history that you would normally get from a background check.