Main things I obviously am looking to figure out are:1. is it easy to get places rented out there or is there not much demand, 2. how have rent increases been over the last 10ish years in the area, 3. is this area generally somewhere that’s likely to see some good appreciation4. any serious crime concerns, or anything else I’m not thinking of!

Open to other ideas if you think we're missing a promising market!

I think the fire department requires separate addresses which in turn triggers the separate meter requirement.

New or to be built also is OK.For that budget and what you are looking for (ranch style) you may need to think more around Celina, West Texas (Argyle), or North West Fort Worth.Reach out if you need more help. 

If they don’t cover it all then I do think the property owners insurance should get involved.

I think 50/50 is fair if they are funding the deal.

I think trying to bank on appreciation is never a good bet.

I think I would reinvest in newer homes if possible.  

I have a deal that I think subject to could be applied to, but I’ve never done one and would like to find an attorney to assist me with the closing of this deal. 

Austin, I think thats my best bet.