I realize residential financing doesn't currently allow for this and pulling money out down the road could be more complex or strictly in the commercial lending realm.Any and all feedback is appreciated!

Each state can be a little different so the details matter. https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is the pertinent excerpt:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.

Do you think this trend is more specific to Austin, or are you seeing it in other parts of Texas as well?

You an use this if you are either looking to invest passively, or, if you are raising capital, refer back to it, and focus on these three pillars:The biggest mistake I see passive investors make is they focus on the deal, what's my return, when in reality, that is the last pillar they need to focus on.

Any thoughts on how to go about this?

think about how long it will take to recoup all the costs i just mentioned.if you want day 1 cash flow... open a savings account.i say this not to discourage you but to help set expectations.Nicholas is spot on.

So this method works in this high interest rate environment. 

Can i do this hypothetical?

You can end this by showing them an actual utility bill.

This BP topic, Total Available Market - 2, 3, and 4 units, describes the Raleigh market for property that meets Fannie Mae 1-4 Family underwriting.