I would steer clear of Killeen, though. 

@Nate' Billingsley-WaltonI hate to be cynical about it, but sometimes agents are steering you to a sale in order to make commissions, not out of your best interests.

It is in your interest to know the areas well before going shopping.Send me a PM with more specific information on where in Uptown your properties are located and I'll see if I can steer you towards some reasonable contractors.

Trying to steer clear of using 25% down (from HELOC) and then finding a 1st mortgage (I'd have two mortgages on the property then) as I feel it would eat pretty quickly into my cash flow, obviously.  

I got started in the Private Equity sector and REITS, every time I see a post with the term Multifamily in it, I immediately think multifamily over 100 units, however on BP not knowing the exact number I'd probably guess 97% of the post titled multifamily are actually post about Duplexes, Tri-plexes, and Quads, which are terms the Guru's have steered away from since using the term multifamily will get you more attention.

I don't know if this is the right thing on a logical level, but just to give me peace of mind I would steer clear of this person.

TREC (Texas Real Estate Commission) frowns upon agents and steering.

I would steer him towards areas where the homes are at an 'entry level' price point.

STEER CLEAR.

Do you steer clear of the 3%+ tax rate areas such as the CyFair School District?