These are by far the least amount passive so do your due diligence on understanding how to run a successful STR business and researching local laws on allowing STRs.2.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

They can offer valuable insights into the local market, potential rental yields, and specific considerations for a rehab project like the one you're planning.

I've talked to two local agents about possible price points to list at, but it almost seems like they are pulling numbers out of a hat.

Use your skills to network with local investors and professionals by attending meetups in the Conroe and Houston area, joining online forums, and connecting with property managers or realtors.

Allen, go out of your local area to invest.  

I have called my local credit unions and I can't borrow against the house because It has already been gutted and is deemed uninhabitable.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Sees a lot of off market stuff because he is a property manager as well.The toughest part about investing outside of your locality is finding boots on the ground that you can trust.

Local property managers or agents can often provide trusted referrals, and real estate meetups are also great for connections.Wishing you the best!