Any insight would be much appreciatedThe permian basin is one of the least expensive places to produce oil right now in the US.

This drawing is produced taking into account the information from phase 2 and includes all relevant setbacks for your jurisdiction, zoning, general site dimensions, neighboring properties, street names and other required information as noted by the local jurisdiction.4.

My question is when it comes time to refinance will I run into any trouble because of my high DTI ratio?

I underwrite for future taxes as well as the current tax bill, and if you don't think taxes are going up in the #1 tax state in the US then you will be in trouble down the road!

Been having a little trouble finding a good drywall / paint crew for a high end residential rehab.

This income producer can help you build something bigger down the road. 

In most cases, especially if you are starting out it is best to roll the cash into the next deal and build a portfolio of income producing properties.

Saying no will get you in a lot of trouble.

And by the way, in my experience most inherited tenants are trouble.

A fully-leased, 1-month stabilized asset producing an expected 8% CoC return and a 42% total return by the end of 2020.