Realize that Val takes pools under consignment from sellers and makes his money "wholesaling" the assets.  

The original water records will have what the property was built as originally.  

I'm a newbie in the Dallas area too, trying to navigate the investing waters.

remember in 2008 when most mortgages were under water?

Chris, I purchased a 3 bedroom 1 1/2 bath in zip 72209 for $50K  I'm renting it for $765 w/ gas and water paid.  

But I am wondering if I am limiting my potential tenant pool?

Hardwood, parquet, faux-hardwood, tile, etc. are much easier to clean and you won't reduce your pool of potential tenants/buyers.

What do you inspect when you get to the property, for example water heaters, foundation.

Not haves- pools, hot tubs, fridges with water dispensers/icemakers or stoves and washers , dryers with too many electronic displays!

Any advice on lenders would be much appreciated. sorry for my lack of experience posting but i'm learning:) Thanks Kyle8181 Wickson Ridge Commercial rental2 - Metal Buildings approx 8400 sqft Each8 - Units approx 2100 sqft each.50-.75 per sqft of rents ($1200.00 per unit)Costs For building (based off my High Quotes) - $100,000.00Parking lot - $50,000.00Septic System - $15,000.00Electrical - $20,000.00Metal Building - $100,000 Delivered ($50,000.00 Each)Concrete and flat work - $128,000.00Land - $36,550.00Install Building - $10,000.00Concrete Water Drainage - $36,000.00 (optional has to be approved by developer and neighbor)Unseen cost - $20,000.00Total$415,550.00Rents per month$9,600.00ARV with typical cap rate(10%)is $860,000Loan Payment with tax and insurance$3,000-$3,600