What are you looking for in a secondary market to invest in? 

Every bank is looking for something different and it changes over time.However, we are not in a BRRRR market anymore, you'd be sailing upwind. 

I was informed that the property is held in a conservatorship.

Also, beware that building in a location like that can be a very long process depending on where you're talking about.

@Akash Agrawal In a real estate general partnership, all partners can be on the deed while only one partner holds the mortgage.

I currently live in a 3-bedroom, 3-bath townhome about half a mile from Texas A&M's campus, which I plan to rent out once I move into the new home.

Most investors take a look at the available rental units in a particular market,  determine if its a good or bad market based on DOM and either dismiss the market all together or replicate the housing units that are absorbed.

Hello,One of my single family rentals that is outside of Atlanta, was heavily damage in a fire and most likely would require a full rebuild. 

Each of these properties is in a different location and was purchased at a different time.

@Ali Mol In a lease-to-own agreement, the $1,666 monthly credit should be treated as a liability (deferred credit) rather than rental income, as it is allocated toward the purchase price.