I imagine the price points in the markets you're currently targeting are pretty high in comparison to other areas.Are you open to out of state investing?

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope

You could get into a solid multi-unit or a single-family rental with real cash flow instead of hoping your Katy rental eventually fills.Not saying you should walk just yet, but if leasing drags out longer than expected, would you consider selling and reinvesting somewhere with better returns?

Only luxury single family houses will be built. 

Second, their website does not mention a single thing about COMPLETED projects.  

A single family home with multiple ADUs cannot  be financed using Fannie, Freddie, FHA, VA, or USDA.

I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.