If so, I would appreciate hearing your thoughts and experiences regarding the local market, investment opportunities, and overall outlook for the area

Stick to areas with better soil conditions like Frisco, McKinney, and Rockwall, and network with local investors to learn from their experiences.

I also have kicked off new businesses in Northwest Arkansas doing real estate development, new home and flip construction, as well as real estate investing. 

Folks say use a local lender.

All those things, and more, need to be ironed out.Question 2From a tax perspective, if you put a dollar in a business and when you sell you get a dollar back, that is a $0 profit, so from that perspective there is no tax. 

Working together, we will continue to advance pro-growth economic policies that allow entrepreneurs and businesses to thrive and will make Texas stronger and more prosperous than ever in the history of our great state.”Initially unveiled in June 2024, the Texas Stock Exchange aims to serve as an alternative to the New York Stock Exchange and Nasdaq, particularly for companies in Texas and across the southeastern U.S.

.• Networking & Local Groups:Engaging with local wholesalers and real estate investment associations can also lead to referrals for quality data sources.

Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.

Start small, build a reserve fund, and work with local experts to ensure your first investment is a solid one.Good luck!

It’s crucial to have local market knowledge or work with someone who does.