In Cleveland you can find below market rental ready duplexes that require minor repairs (keep in mind that discounted properties come with their own challenges).

But it really depends on how good your marketing is.

Start by exploring books, YouTube channels, market research, and analyzing trends in neighborhoods.

It goes to your preference, of course, but whichever can produce the greatest ROI should be considered.There are many markets in Michigan, for example, where it is cheaper to buy an existing house and fix it up than it is to build new.That may not be the case where you are at or through the construction suppliers and contractors you may have access to.To Your Success!

I don't think either Southlake or Frisco are good rental markets. 

I hear there's a recent case in Federal Court where an investor was found NOT GUILTY of violating anti spam laws because his text was asking to BUY a property, which isn't sales (which is what marketing is). 

Just curious, did you ever find the right B neighborhood to invest in?

Houston is a great market for JVs, wishing you both success! 

For example,  if no one else bids on the property or it stays on the market longer than the bid window and they do not accept an offer?

I furnish about 80% of my properties off of facebook market place and places like that.