After visiting the property, I decided not to offer based on what seemed to be many interior issues, a roof that’s seen better days, and more tenants living in the unit I was allowed to view than I was expecting for a 800 square foot space. 

Also, you will want to make sure that the telephone conversation you recorded is within a state that allows for one-party consent (meaning you) as that is not the case in all states including mine.  

(Here in Denver, Airbnb rules are a patchwork across all the metro cities -- not allowed, allowed, allowed but w/ nights capped, etc.)Good luck!

It's also convenient that you live close to the property, which allows for easier management and oversight.As for financing, I understand that your bankruptcy in 2017 has posed some challenges for securing a loan.

(i looked at the previous owner lease no mention of pest control)The previous landlord changed the A/C filters for every unitThe previous landlord provided light bulbs.Is that common in Texas? 

If this happens I have never had a Title Company or a lender not allow me to resale the property.

On our most recent purchase, we bought a home with an assumable loan which allowed us to reduce our monthly mortgage payment by over $1,100 because we assumed a loan with a 3.08% rate instead of taking out a new loan (at that time) with a 7.5% rate! 

Yet, as interest rates rose, institutional capital took a breather, which allowed private buyers to gain market share in 2023.Pricing trends have also experienced discernible changes.

I’ve been doing BRRRRs in Memphis and Detroit since late 2020 and now have 9 doors across those markets. 100k with the right deals can allow you to scale to about 8 or so doors that all cash flow (after taxes, insurance, property management, mortgage) about 400-500/month each.

You can't take them to court or hire an attorney to collect unpaid rent or damages.My recommendation - if your state law allows - is to take a larger deposit of two or three months rent to protect you.