My only concern would be the DSCR in Texas on a purchase of that size and the rate increase with a PPP removal like that.

Then isolate on the storage.This is a good size location to start with. 

To clear up this question - we can insure any investment property regardless of ownership entity as long as it meets the underwriting criteria as set forth by the carriers that underwrite our program (there are limits on unit size, number of stories, wiring type, requirements that buildings meet code and are well maintained, etc - no different than any other program or insurance company you may engage with).

They give 3 three year forbearances-1 for if one did not find employment or underemployment in the job they were expecting, another 1 for similar financial hardship if their salary is under a certain threshold, and another 3 years for any no particular reason if requested.

when i worked for a syndicator back in the late 80s and tax reform hit.. they had all sorts of problems which eventually took the entire company down and they had over 250 different partnerships ( different buildings apartments senior housing MHP shopping centers land development  the land development was what I was employed to work on.).And this was prime Northern CA real estate Bay Area and Sacramento..

PM company did not send me an eviction report.I got my report from running background check on the tenant with her first and last name and cross-referenced it with the info the management company provided me about her employment and other info.

I did enjoy the location and the size of that city, though! 

I can say in our case, it ticked me off tossing money away after getting information that was a one-size-fits-all that did not work as intended in my market, scripted coaching that again did not work for what we were looking to do and finally after getting a kiss off from the customer service group when I voiced my experience, I knew that we had wasted a good deal of money. 

The worst PM imitation I ever had the misfortune of employing

I decided at the beginning I only wanted to rent to people who were gainfully employed (or students that had gainfully employed parents), had no criminal record, decent credit scores, no charge offs or bankruptcies, steady & stable job history, and the like.