With Appfolio you could select your preferred vendors. 

Time is money and I prefer spending my time with my fam and friends instead of problem tenants and legal cases. 

I prefer not to do this just because of recapture when I sell the property.If I phrased anything in a confusing way or more details of necessary to answer, please feel free to ask me any questions.Thank you so much for any help or direction you could give me  

Comes down to your preference and what other deals are out there.

Normally, my preference would be a Duplex for ease of learning, but after looking at the price point in a place like Cleveland, I theoretically could purchase two Single Family's there.

Are monthly updates preferred as long as there is bulletproof accounting? 

I prefer new Orleans, for example.  

Depending on local regulations, you can mix up STR/MTR/LTR. 2) Get systems in place in those exact cities; 2 PMs preferably via NARPM, 2 high quality inspectors, and rotating book of handyman, 1 lawyer, and a credit union contact for leverage along with investor friendly nationwide lenders.

The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.

So cash flow is my least preferred of the RE return sources.