Don’t get trapped in the learning phase for too long—take initiative, even if it’s just one small step at a time.

I would like to build a duplex on it for long term rental income.

@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.

We'll be househacking and renting out the other side for about a year to satisfy the terms of our mortgage. 

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in small multifamily properties and long-term rentals.

Long term hold.

Hiking trails are so crowded that the most popular ones are one-way and you can find yourself waiting a long time to get through some spots on those trails.

If your mother does not want to carry the note long term, there are GSE renovation loans that can be used for both purchase, rehab, and permanent financing all in one loan.

I was actually considering doing a shorter mortgage term to gain equity on the property faster.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?