Sharing your vision with real estate professionals, local investors, or even family and friends might uncover unexpected opportunities.

MF with many garages to convert to ADUs, parcel splits, full on development, coop/tic with the resources to handle financing challenges, etc.To raise money in this market as a newby will also be challenging unless you can get it from friends and family.

Quote from @Nathan Frost: Hi, I have friends saying there are lenders that do 5% down. 

Friends with rentals have generally indicated that the cosigner is either nowhere to be found or ignores all communication when needed.

Ask them questions to make sure they're not just a friend, like the address or other details the landlord would only know.

I just told my investor friend who has LLCs about the Corporate Transparency Act.

Not sure the current status, but I would say Plano is not AirBnB friendly. 

I have a good developer friend in the area who has a similar type property I should connect you with if you don't know him.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Generally I would recommend using a contract that comes recommended by a friend or fellow real estate investor.