Additionally, I'm curious about any potential pitfalls I should be aware of with student rentals and how to mitigate them.Thank you in advance for your insights!

If there is any value I can provide in return even as an amateur, please let me know!  

I don't know Texas laws, but it's likely that the Texas landlord-tenant act provides that a tenant is responsible for damages to the premises.

I purchased the property for $690K and invested an additional $20K in remodeling.

International investors should expect to provide a downpayment of 25-30% for investment properties.

Just was trying to provide a different perspective.

Purchase price: $607,000 Cash invested: $30,000 Just got done with this unfinished home went in and done most the labor myself with my brother and cousin to finish out this 6900 sq ft home we added and addition 900sq ft during the process.

You can be that buyer that is willing to take on this project provided you are able to negotiate down the price accordingly.

Due to market condition, I accepted an offer which is $20K below asking and additional $20k credits towards closing.

The insurance company allows an additional 25% increase in cost; but we all know after a hurricane it will most likely be way more than 25%