@Emory Clayton what other potential renters do you have and what size is the house. 

Clean, friendly, activity rich and lots of employment driving growth as far as I found. 

I am in the middle of closing on a mid-sized apartment deal in Mcallen, Texas.

Is it possible for this size of project?

Generally your hours working at BP as a W-2 employee would not be part of RE professional hours unfortunately.For those who are RE professionals, gain on sale of rental real estate is still capital gains and still avoids self employment taxes just the same for those tho are not REPS so there is no downside to being a REP in the example you provided Scott. 

Are employers moving in, is the population growing, is the average household income high, does it have good market fundamentals?

They will probably have different lot sizes.  

There are a lot of details that would be good to know such as size of multi, age, number of units, etc. 

.$300Used 24” oven and apartment size fridge.$900Microwave, Sink, faucet, sink hardware $600Quartz Countertop (one 10 foot slab)$300Electrical Materials: wire, receptacles, lights, etc..$400Baseboard (had it left over from another job so $0, but would have cost around $100)New interior door, wood studs, drywall, mud  $300Paint $100Dump Fees $500Misc stuff I’m probably forgetting $500TOTAL COST $12,500Rehab cost per square foot = $25

I've only done 6 new construction builds ( ADU's ) ranging from 500-1200 but all seperate properties.There are also two other 0.48 acre lots (that were never merged together) adjacent to the current large lot of 3-ish acres to make this a total of 8- 0.48 acre lots when/if these do get reverted to their original size.