My question surrounding cash flow; yes, probably using the 5% down product and paying PMI/MIP, it would be almost impossible to cashflow.

Come now, I'm a 12 year IT Infrastructure engineer and my family ran a Multilingual Search Optimization company for over 20 years.

Surrounded by mountains in a valley that naturally constricts growth there will continue to be a shortage of housing.

Zoning change just happened to me by the city (Midwest) and a few surrounding homes from residential.  

This property is surrounded by townhomes, apartments, and businesses.

This is also a location where you never feel rich because you are surrounded by affluence. 

I'm all about having strong opinionated people and surrounding yourself with those who are smarter than yourself and who are not afraid to tell you the truth.I would like to obtain and move into a 3rd property(townhome) in a nice neighborhood.

As mentioned, you should definitely look to start small with a turnkey.My team and myself work with investors in Indianapolis and surrounding areas.

I am looking to find more off market homes in the surrounding Rural Markets of Ft Worth for flipping and/or keeping for rentals 

While that one cash-flows better, it doesn't have any sort of yard and the privacy is limited since it's surrounded by multi-family properties.