@Rohan Gangar I'm not as familiar with DFW as I am with central and eastern TX so I can't say with much confidence what is achievable up there. 1% can sometimes be a reasonable target in TX, but it doesn't create as much cash flow as it does in other areas due to property tax.

Its a big project but similar to my previous property so I feel cautiously confident.

We have plenty cash reserves in case the refinance doesn't get us to where we need to be but pretty confident it will and then some.

I would consider doing a long weekend trip and scout out the areas and meet your team and feel confident before purchasing completely blind. 

He lived there for just over 4 years and was a great tenant that I was able to confidently refer to the next landlord when he moved into his next place.

Probably an appraisal, if you're not 100% confident of valuation.You'll also want a closing agent (a title company or closing attorney) that has done a fair share of land contract closings.

We should see a little more inventory once the lock down ends and sellers find the confidence again to show their house to buyers.

The market that works best is where the numbers make sense for you, where there is a large tenant base so that your house does not sit vacant and finding the team you are not only most comfortable with, but also have the most confidence.

This tenant has done this before, I feel confident.

Looking back I am still confident of the decision and have 1) outperformed the 401k, 2) have control over assets, and 3) am much more tax efficient.