Hi there my name is Mike and I am going to be a first time home buyer.I just got half my inheritance and want to acquire a cheap condo/apartment preferably under 100k in Dallas-Fort Worth, TX.

Most tenants like the space where the dishwashers are removed and they could care less about the disposers because they stink and there is a lot of food they cannot grind in them, anyway.

Buy the land, develop it into half acre parcels and having standards for growing food and raising animals for food with a butcher station on the property and a bartering style farmers' market where tenants can sell to the public and barter with each other or sell to each other.These are very early stage thoughts.  

Id like to get into real estate, preferably into rentals first than flipping.

@Wayne Brooks is correct that selecting the right, reliable contractor (preferably a Certified 203k Contractor) is crucial. 

. +1, and with the current COVID situation we've seen more demand than ever from parents who are scared to have their kids live in the dorm and prefer them to live off-campus.

Isn't the plane ticket, food, hotel and rental car a write off?

Did go through a period in the past in which I was doing it and I still hold a lease option so I would be more than happy to line a buyer up preferably with cash. 

Me, as a wholesaler, of course, I prefer a buyer who is all cash, since lenders can make things very complicated and potential de-rail my relationship with the seller if the buyer blows out due to lender issues, however if it's more of a hard money/private lender who has lended on these types of properties before and realizes things may not be perfect, then I sometimes will allow my buyers to use a lender, however then we have to do an Amendment/Addendum to the contract that the seller has to sign that acknowledges it changing from an all cash deal to one with debt, which so far I've been able to finesse sellers into.

I'd prefer to invest closer to home, where I can drive and see the property before buying and make ongoing maintenance easier and all that.