Hey folks,Sorry for the rather broad discussion - I've got a bit of an odd situation right now which is rather time-sensitive, so I wanted to get this out sooner (even in a more broad & vague form) rather than later.I've decided to quit my relatively high paying job in the near future to travel for awhile (couple years, visiting home ever few months or so) and possibly even retire early.

@Jay Hinrichs I admit I increased my vocabulary looking up definition of hoary,  meaning old, white or ancient... but point well put and found way to Howey test (1946) for securities is broad and can be applied to  JV's, LLC and general partnerships As such, those being a sponsor of agreements should have proper legal counsel to advise them appropriately with caution,  as mentioned its all great until it doesn't go right and money is lost. 

@Omar MercedHey Omar,I’m a buy and hold investor in Vegas and certainly like your broad strokes. 

Any advice on whether or not it is good to have a focused strategy/target or more of a broad less defined strategy. 

I got to Columbus by started broad with "Mid west", looked at a research article from ATTOM data to narrow it down to cities, and currently utilizing "Niche" app to look for good neighborhoods!

There'a  broad based economy, lots of qualified buyers, perfect weather, and so many positive things.

Just have a Texas agent set you up a very broad MLS search or several of them.

Financing options are broad; owner financing and taking over the mortgage with a cash payment have both been suggested by the seller.

If you want to know about any Broad Ripple, Butler, Meridian Kessler or downtown area give me a shout.

Your comp range is too broad, especially if reno is only $5k.