He issued a construction loan and built 2 from ground up then switched loan to variable. 

I need a project manager on the ground there to help me get it cleaned out, get some repair estimates and get it sold to an owner-financed borrower.

@Andrew Luong Do you have boots on the ground to help you with the property.  

Assuming that we each split the up front cash needed 50/50, my partner has recently retired from his full time job and able to act as a general contractor role dealing with all aspects of on the ground work, however, I am the one who is still employed with a decent income from W-2  (my partner also has maxed out his credit due to his other real estate endeavors) and therefore, the plan is for me to obtain finance if the deal is financeable or, if not financeable, we will each contribute equal amount of cash, and then cash out refi using only my credit.  

For others, who really don't want to have to deal with upkeep or grounds, renting may make more sense because condos can be a terrible investment.

Thank you for your time and willingness to help, once I have a good grounding in what I can learn from here you'll be hearing from me!

has their been any activity in the area that would affect ground water? 

My company does property management and we help guide folks through all phases of identifying to managing their properties.

Therefore, I would like to offer my services to anyone who may need boots on the ground in the Houston area.  

I'm financing more ground-up construction and/or development than I am fix/flip.