Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player. 

You need to connect with people, form trust relationships, learn from others in your area and you'll be surprised how opportunities open up. 

Checkin with people after they arrive to make sure everything is good with the house.

What other people get is immaterial to your decision.

People who get evicted could care less about a judgement or the collection process. 

I mentor several people, mostly those who are just starting out.  

One thing I always remind people is it does not matter what is on a powerpoint presentation, the deal is dictated by whats in the PPM, operating agreement and subscription agreement. 

I’m almost 21 and still in school but I’m interested in real estate because I’ve heard of what it’s been able to do for people.

To network and connect people that can add value to each other.I'm am glad you are taking the right steps and I can't wait to see how you grow your portfolio from here.

There are a ton of tools and resources that not a lot of people know so doing some YT watching and their training helps immensely. also, happy to answer any questions you might have on set up / operations.