I’m a real estate broker, Investor, and property manager in Lee County.

It's unclear on how that plays into your question about taxes.

Local real estate agents are saying open it up still as the opening seems too small and makes the space feel cramped. 

@Tom GrieshammerRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

My question is "when do they select those 1000 returns?"

If uncertain, a financial advisor or real estate attorney can provide tailored guidance.

Hi Robel-Thank you for sharing you have been experiencing self-doubt and its is making you feel like you will fail in your real estate investing.I appreciate your honesty and making yourself vulnerable with the question. 

@David AvetisyanThat is a good question for a CPA.

.* Property in a flexible market to switch the rental from an STR to LTR (if STR doesn’t work out).Questions:* What are the prospective neighborhoods or areas within and around Houston for STR investments?

Real estate is one of the most powerful wealth-building vehicles—but only if you know how to play the game.