Right now I think your best bet is to call your insurance and go through them.

You can also find agents and lenders via the Find An Agent or Find a Lender tools.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer. 

I am looking to begin my family’s real estate investing journey in the next 1-2 years as we save up for the purchase.

Hopefully this helps some as you make your decision and congratulations in advance on your ambition journey to real estate investing.

I don't know Waco economics at all, but I'll bet there are 1000 units of some kind available for rent a town of 140-150,000 seems like a lot to me. 

If so, your best bet is to graduate debt free. 2.

You are asking legal questions and your best bet would be a quick consultation with a knowledgeable real estate attorney in your state.

I am open to meeting like-minding professionals who could give me some good insight on my journey.

I would not, however, bet on shipping rates staying this low over the long term.They have all the plumbing and electrical built into a centerpiece.This the sort of problem you'll face.  

Should I hold onto as much of it as I can and bet on a combo of cash flow and appreciation for the long term?