If you plan to live there in the winters, you might have a hard time doing long term rental outside of that and finding a new tenant every summer.

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

.: Does anyone have any information about the short term rental market in Kyle Texas?

As I built my team and delegated responsibilities I was able to achieve a better work/life balance. 

Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

Quote from @Urvesh Patel: HelloI am new to Cleveland and I am thinking to diversify my real estate portfolio by testing out medium term strategy for the travel nurses in Cleveland around Cleveland Clinic. 

However, I'm drawn to the long-term benefits of multifamily properties.

How Energy-Efficient Windows Can Save You Money" – Educate about long-term savings."

Without the high leverage you reduce the top source of return in CA RE which is achieve via the appreciation on a high leverage property.  

As long as you don't lose money.