This doesn't mean I don't take on riskier opportunities necessarily, I just find comfort in having a compounding engine as a bulk of my portfolio so that I am always operating positive.I am completely new to real estate investing and would love to find like-minded people to connect with.

Window units can be a sufficient workaround, but they may not be as appealing to potential tenants who are used to the comfort and efficiency of central AC.However, whether or not this is a deal breaker really depends on the type of tenants you’re targeting and the rental rates you plan to charge.

Pete initially and once I feel comfortable with the process, I can start to branch out to outside the area and even the state.

Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.  

As mentioned above it depends on the metro but I would make sure I was comfortable with the LTR rate before pulling the trigger on an STR. 

A good option is to speak with your lender and ensure they’re comfortable with the transfer or consult a real estate attorney for advice on how to proceed without disrupting your financing.

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

If you're just starting out, I recommend getting comfortable speaking with sellers over the phone.

It's not a risk I am comfortable with but some people are. 

And of course make sure the property is comfortable and clean.As for cleaning & maintenance, I found few companies who can take care of that.