A few tips to build it faster:1) Attend local real estate meetups and networking events—Houston has an active investor community, and BiggerPockets is a great place to connect with others before meeting them in person.2) Join Facebook groups and other online forums for Houston real estate investors.

I would suggest refinancing into a 30Y DSCR loan with little to no prepayment penalty.

Stay educated by studying the real estate market through podcasts, books, and online communities.Good luck!

I see that there is a lot of new construction SFHs coming online or soon.

Also, I get an alert when the deposit is made (good for tracking late payments) and the online statements list their names that are on the card.

I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?

LTRs require finding tenants much less often, but they also have a large pool of possible residents that understand the process and a large buffet of online places to source them.

Of course, lots of testimonials, typical of on-line sales. 

However, this comes with the risk that market conditions or interest rates could change, making refinancing or selling more challenging at that time.On the other hand, a conventional 30-year mortgage offers long-term stability and predictability.

A spreadsheet has its place in your daily operations and tracking efforts, but I highly recommend starting with a software like QuickBooks Online to track your expenses in a more formalized manner.