However, if you plan on going forward with a purchase, I would look at the Harker Heights, Liberty Hill or even Belton area as I think the farther away from Killeen the better chance for success.  

Expenses on a SFH will be 50% on a ongoing bases long term.

@Eduardo Arteaga congrats on going out there, so glad you did.

@Sean ColeDefinitely well aware of the ongoing lawsuit you are referring to.  

I also use CL and Zillow, as mentioned by others here, to setup ongoing rental email alerts for properties similar to mine, to get a sense of current demand and to set rental future rate adjustments .

Happy to serve as an ongoing resource for the right individual. 

My thought is to get with other smaller managers and either combine resources to help us both, form a legal partnership, or just take over all the units for someone and pay a one time or ongoing referral fee.I'm open to suggestions, and looking to get going soon!

Tough to find right now but I suggest getting hooked up with a realtor who can build an ongoing report for 2-4 door properties in MLS.

We started paying him $12/hr and now pay him $14/hr and will plan on giving him a nice bonus once 2 ongoing projects are complete, here in the next few weeks.He gets to learn stuff, both on the hands on side, but we're happy to share more of the business context and bigger picture. 

Then, you think after you get a bank to lend on that nice 80k house, what's the change in your cash position - as you'd be paying down your revolving balance with funds from that refinance.Your ROI analysis is more your 'steady state' kind of way of approaching things - so you'd only start introducing that when you're looking at your rent vs your ongoing costs - (income) vs what you have invested.