@Derrick Williams the owner told me the exact same thing. she said there have been several flips in the area, but also bc the lots are nice sized that many folks are running them like b&bs as @Brian Phelt stated.

.-36 allowed units at 850sf average size require about 30,000sf of building. adding the circulation and non-residential square footage pushes this number up to a total building of about 40,000sf.

I have made 60,000 commission before on a 40 cent mailer to an apartment owner.Targeted and a laser focus list of properties with specific buyers for that size and range tends to work best.

What is total size of land - all 3 parcels?

I'd like to get my units kitchen remodeled at that price, they look similar in size.

What is the average size we should be going for, and how much capital will we need per unit on average?

single families are big in houston, compared to other cities of similar size. everyone of every income level expects to be able to ger into a SFR if they choose to.

I am not far from that plan.  1 extra roll of TP in each bathroom1 towel for each guest +1 extra for up to a 3 night stay.  2 extra towels for more than 3 nights  (I send out my linens to a wash house that charges by the pound)No extra bed linens unless they are staying longer than a weekSame kitchen stuff as you but only have 2 light bulbsAA and AAA batteries for remotesThrow away most items except for the (3) pairs of brand new size 13 nike's my son wears now and new designer flip flops my non-cleaning lady wears.

I'm working with a big container manufactures in Vietnam and they have been customizing and building container home for awhile now with sub 10k price tag normally (pricing depends on the size, interior design and other requirements, of course)Currently i'm living in Seattle and have been looking around for any partnership opportunities to start out our container home projects in the US. 

For that size the listings are usually with ARA out of Memphis, TN - Blake Pera, CCIMVice ChairmanI would also be interested in joining with other local investor groups.