As an experienced contractor of three years and having a college background in Porject Management.I am ready to work with this potential client. 

Would love to connect and see how I can help.Are you looking at potentially doing GAP funding or are you focused on more 1st position financing?

Are there any rules of thumb that most developers use to get a sense if a potential deal is at least worth looking at?

I keep an updated list of potential investment properties on the mls. 

I would also potentially consider just doing the BRRR method on single family homes.

Background:First-time home buyerUp to $100k for downpaymentOpen to explore different parts of the city or even other statesOpen to leverage FHA or DPAWilling to settle for breakevenReady to close ASAPChallenge:Finding a property that can fully cover the mortgage through house-hacking and breakeven or potentially cash flow in Vegas, or other no-income-tax states.Request for Advice:Scenario 1 - Stay in Vegas and find a property that is viable to house hackHow are people house-hacking in this market?

It's not enough to review blueprints and designs on paper; a face-to-face meeting with potential  builders is imperative.

This will help you to better identify potential opportunities.

I researched Cleburne and think the area has potential, being the up-and-coming commuting town 30 minutes from Fort Worth.

Can potentially open a HELOC on this property.