That entire 78741 zip code is good and has been in high demand historically due to its location. 

For flips, calculate the after-repair value (ARV) and subtract purchase, rehab, holding, and selling costs.Pay attention to location, rental demand, and the property’s condition.

Make sure you know the rules in the state where the property is located.

Great Location.

The location that is best for BRRRR?  

I think you can't go wrong with a long term rental, but don't count yourself out of STRs because of your location.

Actually we have divested 4 of our 8 Self storage locations to get into a better LTV position versus my view of the economic world.  

., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.

Learned that I needed a realtor that was local to the property location.

I have pulled a permit for removing a fireplace, but probably would not have but I had a significant remodel going with permits and did not want hassle of him making an issue of removing the fireplace (the inspection for fireplace removal consisted of only verifying gas cap was in visible location, he did not even spray it).