Who cares where the rent is coming from?

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

If you're insuring a home to replacement cost, insurance companies don't care about appraisals or what the home is worth.  

After 16 years in my career (RE broker) and 13 years as an investor, I'm at the equity growth stage as well. 

Since we’re in the early stages, do you have any tips on building meaningful relationships with lenders or private investors for future projects?

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search

The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!

I am curious at what stage of land development the sale was struck with builder.  

Through proactive maintenance, efficient tenant placement, and careful financial management, I optimized rental income and ensured a steady cash flow.