SpaceX now has a rocket testing center right outside of Waco, Amazon is currently building a huge distribution center in Waco, and BSR Surf Resort & Cable Park built the #1 wave pool and cable park in the world, making Waco an international surf and wakeboard destination.  

You could be a private investor for a house flipper, but then you would be the bank and I am not sure how that would sit with your faith.I would park the money in index funds if you can't do syndications just because you are restricting the possible use of your money in real estate.

I live in the Austin area and have one rental property in Cedar Park. 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

But park anywhere near the Superdome and your car's windows will be smashed or you will be carjacked and possibly killed.

My only fear is that they are trying to encompass any type of real estate whether it be trailer park, self storage, or long term rental.

For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.

Maybe someone else could chime in, but for my area, 2.15 acres might be a very small park? 

I'm currently wholesaling in rough areas.Example -S ChicagoCollege Park (Atlanta) Orange Mound (Memphis) What are some other areas weshould look in?

All units are 2 bed 1 bath, single story with off street parking.