The rental property and even the fix and flip market seems a lot better in Texas. 

If not, you may have trouble trying to flip the contract on this one. 

The type of contract will depend on what you are doing with the property i.e. buying for yourself, flipping, wholesaling, wholetailing etc-You may need a CRM to keep track of leads etc but that's really probably more for when you scale and start doing some volume.Anyway, I hope all that helps.

My plan is rehab, live in it, then flip in about a year or so when I move back to the mainland for work.

To maximize the investment I'm interesting in going the slow-flip or house hack route.

id=1IaAr5B1WeT...Cleanup Job (Low cost fast flip): landscape package in front remove deckremove vines from house clean exterior, fix siding and wood rot, paint neutral beige/gray color clean driveway/weed, clean retaining wall/pavement replace flooring with mid grade flooring bottom level, carpet upstairs replace interior fixtures paint interior white trim, light color beige/gray walls, popcorn ceiling removal new kitchen appliancesRehab options: Replace deck with new one (kind of awkward that high to me) vs Remove and fill in wall or add large window to master.Potential space to move laundry into upstairs bathroom closet vs basement Can maybe get away with toilet/vanity replacement in each bathroomUncertain if painting or replacing cabinets with ikea type is worth itAny in-ceiling lighting will open up codes stuff with electrical since it is out of dateRepave/fix concrete front porch and side porch - replace/paint railingReplace front walkway cement, or remove walkway and replace with right angled walk to driveway (may not provide ROI)Tear down vs paint garage port in back yardWhich do you think provides highest ROI? 

Flippers should use S Corp instead of an LLC as flipping is an active business.

I am a flip and BRRRR strategy investor and I’ve messed around with design layout apps as well as some rehab cost estimators.

@Jay Hinrichs Thank you for your incite because I am trying to read up on flipping contracts but I don't even know where to begin it can be overwhelming.

I was looking at it in terms of flipping it or renting it out because I have not seen it in person and would not want to live in it.