There are companies out there called Off-Site Rental companies that have their own maintenance, housekeeping and can rent and market the unit for you.

It's the only way I really enter the market, but I underwrite for these things financially & time wise.

Congratulation, you are in a great market! 

I track it my self by doing market research.

I purchased them several years prior to Covid at a very low price compared to today's market. 

Posting too soon will just add more days to it being on market and when renovations are finished it won't be the "hot new" listing.

I don't know what the Texas market is like for flips. 

How much would market rent be for something like this?

The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.

The question regardless of what market you're in is: "How do I add value?"