Both of these challenges can often be minimized with the right team and guidance from an experienced investor.As @Jay Hinrichs mentioned, appreciation is the main driver of wealth in real estate.

Texas - Cash out loans of any type are pretty challenging here in Texas.

A challenge that may arise, depending on the other tenant leases, is that they are all paying above market rates and will see the new rate being marketed and will want a discount at renewal.

Let it roll off and move forward with purpose.Now, Here’s Some Logical Advice:Wholesaling is straightforward, and competition won’t be an issue if you do it the right way.If you’re cold calling, sending mailers, and doing what everyone else is doing, then yes—you’ll face challenges.

Investors are almost always the biggest challenge for any group, new or seasoned, but especially newer investors.  

It also discusses the market's challenges in finding cash-flowing single-family homes under $350K.

So the biggest issue I have heard from them is of getting criticism from investors for sitting on capital and not deploying yet, not on portfolio performance, they sold off the "troubled children" to novice investors at nose-bleed prices this past 24mnths, there sitting golden right now, literally. 

Challenges?

Are there specific considerations, tips, or challenges I should be aware of in these areas?

I’m eager to learn and would be grateful for any suggestions or experiences you can share, especially if you’ve dealt with challenging markets like this one.