Work on saving money and have enough for the down payment, reserves, and closing costs. 

The area's natural beauty, relatively lower cost of living, and steady demand for rental properties make it appealing for investors seeking stable and reliable returns.4.

There can be a cost to that as well. 

Investors that are looking to offset their investment costs can typically expect to cover the majority of operational and carrying costs, but those seeking positive strong cash flow and ROI can find limited cost saving inputs. 

Furnished Finder can be great, but the cost to fully furnish can be pretty steep.

Look into ways to borrow money, do your homework carefully, and aim for a place that will make more money than it costs to keep.Good luck!

I am trying to fully understand what new regulations have been implemented in Texas for wholesaling, because I'm seeing discrepancies in what I'm reading and hearing.

Usually a thorough exploitation of depreciation with cost segregation, partial dispositions, various exceptions in Tangible Property Regulations etc.

Plus mls dues, association dues, electronic lockbox access, e&o insurance.All these costs are on the rise too.

I would estimate it would cost 75-100K just to make this property liveable.