Nice to spot your introduction.. what's the biggest hurdle you're seeing in today's market?

I had the same uneasy feeling thinking about ditching my W2 job to pursue a career in real estate, when the market turned for the worst.

Build up job skills, build up savings, and increase your W2 income.

Vet your contractors and engage partners if you don't have the experience for the job.

These areas are experiencing significant development and population growth, driven by families and professionals seeking more affordable housing while staying close to the job hubs in Plano, Frisco, and even parts of North Dallas.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

They were very nice and told me that I shouldn’t return the month’s rent to their insurance company, considering it was an issue beyond my control.

Nice.

I am going to assuming it's a nice house if it was your primary residence and it's in a nice location. 

He made a nice fee (more than Brad and Rod's combined).