Most lenders look for BBB- or better investment grade tenant.There are so many other factors that come into play.

My initial thoughts would be to secure a construction loan for the total rehab amount based on the entire property's ARV.

Most are more concerned with what happens when the claim occurrs than preventing the claim in the first place and those who fall under this category don't even understand the true purpose of functions of the entites they create or how these claims play out in court. 

Yes we are all based in Austin. 

Which would be the best play? 

Based off experience can you provide some recommendations on if this is a good idea and how to address his rent in this situation?  

Seems like the market value they are using might be low based on the minimum bids listed.I was looking at a property with a min bid of $35,000. 

If I lease it, what is a fair CAM per sqft Landlord shall charge beside the base rent in Triple NNN lease?

So, I was in a similar boat with around 50k to play with.

Too many tricks to play with.