It will likely be good long term due to proximity to DFW area, growth that direction and a diversified economy.

It's more about steady content and natural growth once you nail the basics like keyword integration and technical optimizations.

Even if that is not your intention, the IRS could decide that is what it was which would mean that the seller would have lost his 1031 ability since he "sold" you the house when he accepted the first payment.

Reasonable prices, lots of room for STR growth. 

That said, they've gone through some huge growth over the last couple years and maybe they're having some growing pains? 

Splitting your money is a great way to accelerate growth in cash flow and appreciation.

With your openness to strategies like wholesaling, flipping, and rentals, you’ll find a lot of learning and growth opportunities.

If you're thinking about auctions in other areas like Phoenix, San Diego or Austin, I've built a strong network over the years and could introduce you to some folks who've been down that road.Pat and JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Quote from @Michael Daley: This is why I'm thinking more about taking the STR route until I can refi with a better interest rate. 2 units (2/1) in a good area at $1.3 with some ability to update and has a garage or ADU capability would work if we can get $5000 per month for each unit.$10k STR rent on $1.3m property at 80% LTV  will be negative cash flow when properly allocating for all the expenses.  

However, higher property values mean there’s also potential for strong rent growth, which can help balance out the numbers when you refi.