This is a great question and one that unfortunately most people don't teach/educate on so there's very little information out there on how to become a developer and how to obtain the proper tools, resources, and team to execute your plan. 

The intent of my post was to share this idea with those interested as an option to consider.

I live in Oak Cliff and do a lot of business in Dallas proper.

As you investigate your options in real estate, keep the following tips and ideas in mind:Determine Your Real Estate ObjectivesMake Use of Your Construction SkillsExamine Various ApproachesMaintain Your Mentorship LearningThink about short-term rentals and AirbnbCreate a Network and Look Into Local Real Estate MarketsSpread Out Your Investments Financial PlanningRemain FlexibleRemember, your hunger for learning and willingness to think outside the box are powerful assets in real estate.

We follow proper protocols.Ease of maintenance:Should be easy to maintain.

I like the idea of just doing a DSCR loan though like Michael suggested.Some other things to consider:Will the seller of the second property take a short term note for the balance of the purchase price after you eliminate the debt on it?

It may be a good idea to carefully consider your financial situation and long-term goals before making a decision.

Yep but maybe not a good idea from liability standpoint?

Is this a bad idea?

Based off experience can you provide some recommendations on if this is a good idea and how to address his rent in this situation?