If you are living there you can keep the 4% rate.If you are not living there you can rent it out to pay for the property taxes. 

It gives you one property that can potentially pay for itself while putting a roof over your head and giving you experience as a hands-on landlord.

You pay a down payment, closing etc.

@Gp G. going to guess your current PMC is charging you a flat fee for finding a tenant.If so, who's going to pay an agent that brings a tenant via the MLS?

I did not do this step as I already knew what to expect .. they would further position you, sell you, invoke that greed within you, then have you sign on the dotted line and pay them.

An IRA would pay a small tax on such unrelated debt-financed income.

Not a lot to add here, just the simple advice to make it as easy as possible to pay rent. 

Is it worth paying their annual subscription fees and do their 30-day rent guarantee mean anything if they aren't refunding the payment?

Your paying $180 for nothing for now.

You pay a bit more, but you get exactly what you want and don't have to worry about maintenance for a while which is obviously a savings.I live in the Woodlands, so considering the location of my home and rental property, I'd ideally like to build this in the area of The Woodlands, Conroe, Spring, Tomball, Klein, or Cypress.