Was the SFH in a single family zoned area? 

For the 10 year period spanning December 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.4% in that period.

For a single property, a strong umbrella insurance policy may offer sufficient protection at a lower cost.

If you're looking for cash flow you can easily make $300/mo net on a single family property in a better neighborhood/condition.

Are you having luck doing new-build single-family infill projects? 

I’ve realized I need additional help—someone local, like an assistant.Here’s my idea: I was thinking of purchasing a small piece of property and putting something modest on it, like a single-wide home or a similar small structure.

3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?  

Are you looking for multifamily or single family home?

@Noy Rivlin Most single family homes that make sense as rental properties are about $125k-$225k.

I would suggest to sell the condo and reinvest into a single family home.