Once they completed all the concrete, plumbing, electrical, and framing which seemed like quality work as far as I could tell, except for the several issues I took up with them, they got to doing interior work.

Be smart and protect yourself, screen your tenants thoroughly and provide a quality product and I doubt you will need an attorney anytime soon.

Could always go with a higher quality carpet.

I have a couple inspector referrals from my agent but BP has been great for finding quality people in the business.The property is in Bloomfield, NJ so anyone in Montclair, Newark, Orange, East Orange, Belleville, Glen Ridge, Nutley Clifton, Passaic, Lyndhurst would be great (sorry everyone for the keyword alert blast!).

We have a high quality of life in Austin, I can't imagine living or investing elsewhere.  

You can get a quality, used Toyota Camry or Honda Civic (or even Ford F-150) for a lot less than you have right now.

I also help out a lot in the community and with college organizations so I feel like my connections might benefit me in finding quality tenants. 

Then you net would be $225K and your profit would be only $25K.If doing this here are my recommendations:- Buy homes with good bones where future buyers will see it as a quality home.  

Energy is a major player but tech, healthcare, financial/insurance, manufacturing, and dozens more employment sectors have expanded dramatically dues to a very strong pro-business environment, reasonable cost of living, and quality of life factors.What are the downsides? 

We got some of their quality interior paint for $84/5 gal, kind of like a price matching program.If you can do concrete slab, staining/sealing is THE cheapest route, period.