I chose those locations because of cost and cashflow percentages from the BiggerPockets map on where to buy. 

It’s exciting to connect with another like-minded investor in Texas (I’m located in DFW), so feel free to reach out.

I’ve got projects located 50 minutes to 2 hours away from me.

Specifically, I’m trying to understand:Tax Loopholes for Foreign Properties:  - Do the same STR tax benefits (such as accelerated depreciation) apply to properties located outside the U.S.? 

. $1.5MThis property is located just a block and a half from the beach in Carlsbad, making it a prime spot.

From what I've read, all I need to do is fill out a Quitclaim Deed, sign in the presence of a notary, and record it with the county clerk where the property is located.

(NOI/Price)Location and address?

Ultimately, location and demand will play a big role in how it performs.

The property’s location and its price point made it an ideal candidate for a fast sale.

To add to what @Jonathan Greene wrote:1) Understanding the local market, so you know what Neighborhood Class your building is located in, what Class your Building is (condition & amenities), and what corresponding class of tenants will be attracted.2) Using all this data to properly set your expectations and a realistic ROI.3) How to better screen prospective tenants, including catching fraud, so your property performs better.