Thanks again,JimHi Jim, welcome to the BiggerPockets community! 

Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

I think your question should be posted into a few of the F.I.R.E community groups too.

Ensure the rents and expenses support the debt service and provide solid cash flow after covering the assumable loan, seller carry payments, and operating costs.Occupancy & Rent Roll: What’s the current occupancy rate?

Think about what renters in your target market value most, such as green spaces, community centers, or high-speed internet access.BTR is a rapidly growing sector, and careful planning of these factors can help ensure your project is successful.

Given that it's categorized as 'Community facility', 2.4 FAR should be allowed. 

@Chris LuWelcome to the BP community!

As Plano is a pretty nice clean cut buttoned up type of community they don't seem to have a lot of tolerance even for just a few bad apples.Dallas is considering a ban. 

Reward in RE prices for risk of course.As for horizontal I get mine from local community banks ..