I assume this is a 1 family home and the tenant will be responsible for gas, electric, water, landscape, etc.

Contact a local landscaping company and work out a deal with them to take care of it.

I would talk to more real estate pros (at least 3, including a local property management firm) than just the listing agent for the property of interest to verify the rental market and quoted rents for the type of property you intend post-rehab, then I would verify the "cosmetic rehab costs" mentioned.I am not sure how large this property is, but when you say "cosmetic," I typically spend around $12-$25psf for interior work on a cosmetic rehab, then another few thousand on exterior, plus another $1,000 or more on landscaping. 

Austin is going through a lot of expansion right now.

New landscaping and updated bathroom and redoing kitchen currently.

I've seen signs that the market is slowing and we're currently in the longest ever economic expansion in American history.

I'd absolutely research BP - especially the newer posts - and use that knowledge to help you learn the landscape. 

I've had 6 contractors recently come to my house to get an estimate for a 1 bed with bath expansion.

I do have a bachelor in agriculture and landscaping knowledge, great credit and funds to invest. i am looking for partners to learn,grow and do business ( do not mind 50-50 win)

Purchased with FHA financing for 3% down and added $15,000 in renovation costs to update the kitchen, bath, exterior paint, and front yard landscaping.