It all seems pretty feasible and attractive, but curious if there are many lenders or investors actively taking advantage of the program.   

Million ways to make great money in RE, but communication and work ethic are paramount. 

I have over 7 million in net worth with my real estate holdings.

Fixed income U.S. treasury bonds are not  attractive at all if you're being paid back with dramatically debased dollars with lower purchasing power. 

It's hard to give an answer without knowing your tenants, how many of them there are, what amenities are in the area, and more.If you had 10+ tiny apartments, a game room or fitness area may be attractive.

It appears they are hoping to attract people that can find deals but don't know how to raise money.

What do you think makes Texas such an attractive place for entrepreneurs in the real estate space?

Its proximity to major attractions, businesses, and vibrant city life ensured strong demand from both tourists and professionals.

Overall I would say it is a great area to live in, because of jobs, cost of living, laws in place (this one more for the landlords), attractions, colleges, etc.

•Best Neighborhoods: Which areas tend to attract the most renters?