If I have a garden unit in a Zone X (non-flood zone) that experiences some hydrostatic pressure seepage on those huge rain events, does this qualify as flooding?

So, every non-government job your tenants have will vanish in the foreseeable future.

Quote from @Thomas Zuck: Quote from @Jay Hinrichs: Quote from @Thomas Zuck: I have one project under construction with them right now, the communication is non-existent, unless you reach out first.

This is very non traditional in the short term rental space, as all stays are paid in advance.

Assuming you have the MLS data you are interested in mapping (which you'd have to get from someone who has MLS access if you don't since you want sold prices and Texas is a non-disclosure state), you could create your own map using batchgeo.com. 

Having trusted resources in market have been helpful in managing our properties and contractors especially when my non-real estate related consulting business is in its busy season.

Freight is the major cost issue, which since you're near a port that's a non-issue. 

If you get a loan it must be non-recourse and will require about 30-50% down.

They only allow a certain number of non owner occupied STRs, and the there is a waiting list. 

But you can get value out of all of them if you work them right.The reality is, for profit or non-profit, all REIAs have costs to cover just to operate.