How did you calculate the $700-900 per month cash-flow?

What is the average cash flow on the property?

Thanks for your kindness and consideration.

I am not a big enough investor  to cash flow major capex without reserves.

Texas is a relatively landlord friendly state and there are great markets that have both cash flow and appreciation.

Although cash flow is not the primary concern, I do not want to own a vacant house.

I have very little knowledge regarding the costs accompanied by this and therefore difficult to calculate deals/cash flow when assessing properties. 

For cash flow on STR, downtown B areas such as Pendleton could be a great option.

There are a multitude of other reasons that K&T is no longer acceptable.All that being said, I've witnessed loss of life and property due to the unskilled management and implementation of residential electrical systems and that has definitely affected my decisions.I didn't suggest you were selling your services here just that as a provider its common to expect responses that aren't taking into consideration what's best for the customer's interests.

The reason investors locally do not touch new builds anymore is simple - they don't cash flow at all.