@Alexis CanalesYou're in a tough spot because FHA and most conventional lenders require two years of self-employment history, even with strong financials.

This occurs with mortgage financing, margin trading in stocks and other forms of leverage. 

I have used both TSP loan and HELOC to purchase investment...I certainly thought the ROI from real estate was better than relying on highly fluctuating stock market. 

Texas is definitely the spot to be!

I wasn't really certain of specific desirable spots nor the typical market rents and such for various units.

Is the siding completely shot or just a few rotten spots that can be fixed and then painted?

It doesn't take long to learn how to spot a good deal.6.

While I am down here in South Florida, where real estate is a sport and finding a parking spot feels like an investment strategy, house hacking can work anywhere if you play it right.Since you are new to the area, I would start by getting a feel for rental demand.

Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician. 

I always have a plan B and if I can’t flip the lot in 60 days, I’ll sell some stock to avoid the IRA penalty.