The Killeen area seems attractive in terms of price, but it also seems overdeveloped.

Many will be interested in your wallet.

I was thinking that being able to make all cash offers makes me a much stronger buyer with the ability to also close much more quickly which can be attractive.  

Depending on the area where I find a property I want, partnering with a local private lender might make the finances more attractive from a leverage standpoint.

The back up plan of buy and hold becomes less attractive and falls below the 1% rule 127K + 25K = 152,000.  

I've begun earnest research in how to screen better residential tenants, and attracting commercial tenants, which is a fair bit trickier.I also own and rent out a cottage with horse pasture acreage, although I'm mulling over offering it as a lease option agreement.

I have to admit I was attracted to her... 

I work with one agent in particular whose preferred tactic is to list a property high enough to attract a certain buyer type then reduce every two weeks until sold. 

Are you good at attracting, vetting and managing contractors?

That actually sounds like a pretty attractive way of conducting things.Thanks for the input!