Lots of demand drivers including the DFW metroplex. 

Line up funding before demo by securing a hard money term sheet and one private lender, build a simple scope focused on safety and rent/value drivers, and hire a vetted GC with milestone draws and lien waivers.

Acquisition Fee: biggest driver I see (and apparently all institutions too) is level of acquisition fee.  2% or less is ideal. 

And when plans firm up, try to touch base with a couple real estate professionals. 

That improves the block, raises tax revenue, reduces blight, and gives buyers move-in-ready options.If investors stopped buying distressed houses tomorrow, you’d see:• fewer renovated homes• more unsafe/dated properties sitting vacant• lower neighborhood appeal• and fewer entry-level houses anyone actually wantsThat doesn’t help affordability, it hurts it.The real driver of rising prices is supply versus demand, not whether an investor bought the house first.

Basically, bring a financial tool box and not just a screw driver.

Would a copy of their drivers license be OK?

@Josh Reynolds I've offered 500 to local mailmen/women, UPS drivers and fed ex drivers . there the ones on the dead end streets and areas that aren't out in the open.

The school district (Coppell ISD) is a huge draw and a major driver for the long-term value you're looking for.

My wife is a stay-at-home mom but handles leasing, tenant issues, repairs—basically runs the rentals.We’re exploring if she can qualify for Real Estate Professional Status to offset my W2 income.