During the time you are stacking investments you will be able to buy rental properties rather frequently and at certain point the system will be self sustaining, meaning you won’t need to fund the income snowball every month and will have a steady stream of monthly passive income for the rest of your life.

The old adage slow and steady wins the race can certainly be applied to real estate.

Another old buddy in San Antonio picked up a modest fourplex a few years back, and while it never turned into a headline-worthy success, those steady rent checks stacked up over time as local employers brought in fresh workers.

IMO killeen is a solid investment. just have to watch which areas you are getting into. there are some pretty rough areas near fort hood but killeen is great because it is close enough to austin and people commute from there to austin as well. with fort cavazos near by and the new samsung plant coming online in taylor, it is a solid choice with steady demand for MF.

I see things steadying...

I would NOT remove any money from index funds as I expect those to be a great earner into the future and very steady hedge against other avenues.

Steady increases are the best, built on momentum. 

And the smaller cabins continue to see steady growth in rents.  

It’s a vacation destination with steady year-round tourism, and there are opportunities to find properties that cash flow well, especially centrally located condos or single-family homes in the $250k–$350k range.That said, the "right" market depends on your investment goals.

Growing population, great employment opportunities, steady appreciation etc.The best amenity has been location.