Areas experiencing growth in population usually see a corresponding rise in housing demand.You should then delve into real estate market trends, examining aspects such as property prices, rental levels, and the average time properties stay on the market.

Everything should be on the same design level.

Also look at the level of rehab of the comps, be careful not to do too much and work your lot fees into your holding costs.

Everyone has different comfort levels of what and where they buy, so you just have to decide what's best for you.Typically I say go north....north of McKinney, or draw a circle around DFW and invest on the outskirts of that circle. 

You can always do it again as rates drop if they got down to that level.

Is tenant churn and NOI improvement something property managers are held accountable for, or is that more of a company-level concern?

I agree with this high level (Private Money = Individual, Hard Money = Company Non-Turnkey Product).I've been begging (mostly to no avail) for better clarity and definitions here for these to avoid confusion - BiggerPockets IMO has a HUGE opportunity to set and create the "gold standard" universal definitions of loan types with just a little initiative. 

It depends on your level of participation.Origination fees and other fees are typically considered active income and subject to SE tax.

Properties that were undervalued just a few years ago are now turning solid profits for those who can complete timely renovations.Low Inventory: With inventory levels continuing to tighten, the demand for well-renovated homes is higher than ever.

I realize that many new construction homes and some existing home listings are never entered into the MLS, but I don’t see that affecting the high level results I’m shooting for.