I will also say that deals like you are showing are easy to find.  

Well it will need to be life changing events like having kids, new job, divorce, taking care family members etc but the rule of thumb is to live there for at least one year then being able to rent it out and converting it into an investment property.

That's not easy to reproduce in today's market, so Kudos to you both!

And south of that street is going to be newer, larger homes, a tier up. 76542 is actually very similar to that general rule as well.  

Geez...let's start with the easy part:  you need a real estate attorney. 

All the same rules of a standard DSCR cash-out refinance would still apply.

real estate training has always been a big money bizz.. its really promulgated though with U tube and how easy it is to throw you stuff out there.. but to really get wealthy doing it you do need a ton of dough for marketing or a great relationship with a fullfilment company.

Found the rules: 3 bedroom or less, 600 feet from other strs, 2500 feet from hotels.

It's because typically people say they want financial freedom but are looking for an easy button where they do minimal work and all this success happens in their life.

You might also want to consult local property managers or rental market reports for a more accurate picture.When it comes to estimating CapEx during preliminary analysis, without visiting the property, you can use a general rule based on the property’s age and condition.