Recommend keeping your W2 job for as long as possible while building your PMC business.Typically, one needs 75-125 properties under management to actually make a living.This approach will also force you to automate your PMC business and maybe even hire a Remote Worker or two as you're able to afford. 

They might very well still afford it. now if this is a single family than absolutely no.

recently heard that this area has a community developed, called Pradera Oaks (CR51/CANNON RD, Bonney, TX 77583), developed by Wan Bridge, advertised as affordable and has a big rent market and has the potential to appreciation.

Don’t diss it just because you can’t afford to go. 

The housing shortage is an affordable housing shortage.

Part of the problems landlords have with low income housing is tenants that can’t afford the rent, tenants whose life’s are out of control, and tenants with mental health and tenants with anger issues.  

Affordable housing, tons of sunshine, low property taxes, low sales tax, no traffic in town and no traffic to the mountains.

You can't afford to not have a property manager!

With occupancy rates consistently above 95%, Old River Place is well-positioned to meet the growing demand for rental housing.Bascom plans to upgrade unit interiors and enhance the property’s exterior and amenities, offering affordable yet desirable housing.

If the lines are already et/ duct work is done is typically costs about 3k on the affordable end for labor and install.