To add to his second point, on the entire ABOR MLS, which encompasses Austin, goes south to San Antonio, North past Georgetown, etc. etc. there are currently 51 2-4 units on the MLS, of which 12 are quads and 3 are triplexes.Here's how I'd answer your second question: The things that I always warn out of state investors in the Texas market is that there is no income tax, which means a lot of the tax burden is wrapped into property taxes.

but hey real estate is all encompassing its not retirement or financial independence you have to work for it you have to borrow money usually etc etc  lots of responsibility and there is a decent amount of risk. 

Sometime this year they will merge with Long Island Board Of Realtors and encompasses everything you want.

You mentioned Houston, Texas but we all know that encompasses a huge area. 

Other members or your team need to encompass the varying aspects of what REI is all about such as a Real Estate Attorney, Accountant, Property Manager, etc. etc.

Every state is different so hard to give a blanket all encompassing answer.

There are others around as well, but I have found Cozy to be the most all encompassing program out there.

I think that text about the 270 days/less than a year is only to encompass anyone who has owned a house for less than a year. 

For example, Milwaukee County is a very large area and encompasses quite a few different towns and cities.

I have never gotten an FHA loan but I am fairly familiar with what it encompasses from readings/podcasts.