We decided to do a full rehab to get nearly double the rent ($2900)and increase the ARV to $260k.  

There are always ways to increase the value of most homes, but that is also a crap shoot.

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.

Not a huge increase in cash flow, but you're picking up another appreciating asset. 

We’re looking to increase our lifestyle through the decrease in housing and built a little passive income medium term. 

Find the best local real estate investor meetups that have no pitches and you will increase your knowledge, camaraderie, and motivation ten-fold.

I would also recommend increasing your liability coverage to at least $2M.

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game. 

Because here, the proposal would increase property taxes about 5x.  

It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.