I'd consider doing some kind of cash out refi on the property at a number you're both comfortable pulling out, while still leaving $ for reserves to maintain the STR you currently have.

What is it that you believe Killeen offers that you cannot duplicate in the DFW metroplex?

You have to offer the unit before they will inspect, no pre-inspection. 

Very few people are offering a GUARANTEED 7% return. 

You can also check online resources like BiggerPockets or Roofstock, which offer general CapEx guidelines based on property type and age.These methods should help you perform a solid preliminary analysis.

Get out of your comfort zone.

I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.

They are in the field sourcing opportunities, analyzing real deals, and making offers.

Their offering Turnkey section 8 rentals that they've purchased, rehabed, qualify for Section 8, get it leased, and then manage it for you.

I’m eager to connect with fellow investors, agents, and local market experts who can offer insights and share experiences.I’m excited about building relationships within this community and would love to learn more about your perspectives on the market.