Furthermore, I believe he is also open to selling them individually.

Multi units are by far the best investment to grow quickly and generate the maximum cash flow.

I'd stick with 1 year or go month to month, but not with this individual.

Generally, the TX real estate market is very strong and thriving right now as companies and individuals are relocating and the state supports a robust economy.

I think I would be hard pressed to generate cash flow with buy and hold, within my current financial limits.

I would acquire copies of the current individual lease agreements before making any offer on the property.

@Syrica BrownCraigslist (don't put street address in ad)Facebook Market placeZillow ( this broadcast to several other sites like hotpads etc)I don't schedule individual showings, I schedule an open house and funnel everyone to that same block of time.I typically get a line of people filling out an application. 

Any bank-financing-sized down payment would be probably impossible for us right now.For us, we'd probably keep as-is for some time due to nostalgia, using some weeks for vacation and the rest as income-generating.

Which both will generate dues.I would be happy to chat with you to discuss and brainstorm some ideas.

In all likelihood, an individual will only get fired if the company isn't doing well.