When spouse took a job where we moved a lot, we bought in those cities when it made sense, good potential rentals, fixed up while living there then rented when transferred.

Learn what cities are easier to work with than others. 

I think Jacksonville, comparitive to the nation has good rent to purchase ratio's.However, from what I am reading, Jacksonville is going through a huge increase in supply of houses.I think you can always make a deal happen in any city but I would personally wait until the new supply is absorbed.

Make sure you come to the Space City REI Meetup this month on Septermber 25th to meet some fellow BP members here in Houston - At The Cannon Event Room near Bunker Hill!

I decided against it because I didn't know those markets or neighborhoods in those cities.

Two of them are city/county attorneys at that, including one from each category just described.So, yes you should probably have a lawyer whenever you have a partnership LLC (and probably with RE) but good luck finding one that's worth a damn.So I just do mine myself, having learned a few things about OEs over the decades, but I am not in RE and I am always a sole proprietor.Also, this lawyer should (in my opinion) by your lawyer, not the LLC lawyer, because you want your interests protected in the partnership.

The renter of our condo in downtown Asheville gave notice due to the city being without water since they expect it to be weeks before city water is back on. 

Thrive Living, in partnership with city officials, is building 800 apartments above a Costco store.

Which specific areas or cities in Texas are you most interested in exploring for opportunities?

High Rental DemandGrowing cities with booming job markets often have a higher demand for rentals.