Here’s my late addition.  

-Garages would be a nice addition, but I would think you need to check the surrounding places and see if that would be a huge step up or not.

Add an additional two months for the contract to fall through due to buyer trying to negotiate like they are on the cast of Pawn Stars. 

It's important to note that forming an LLC may increase costs due to additional filing requirements and potential state fees.

I don't use a PM, but 10% seems reasonable to budget because a I think you can probably find someone for maybe 8% and then you factor in any additional fee for tenant placement.

@Phil Petite, again, I only mention this, not to convince you to do something different, but to make sure you are looking at it eye's wide open.Section 8 does not provide any additional security.  

I would like at least a majority of the keynote presenters to be RE related presenters.I got more from the scheduled targeted guided networking events than I expected, but these are usually additional subject presentations.

We currently assist homeowners with foreclosures so this would be only something additional.

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

I think this is a great way for you to produce additional income.You could also teach music lessons.