Callum Ross I do currently work in Dallas, with my main proximity needs being Downtown, Addison, and the airports.

Leaving from Newark Airport and staying at the Marriott Courtyard. 

I purchased a house in East Austin close to the airport to fix and resale. 

SUN  and cheap real estate compared to other west coast areas.. plus very good airport so I can fly to all my markets.. easy in easy out.. we do about 3 to 4 flips a year in Vegas ( I am not a buy holder) and we do well on them.. its not like other markets were there is a ton of inventory but that's OK.. you can retail a home there like you said if its under 300k its gone.. other markets were folks buy and hold you will NEVER in your lifetime retail the home. and if you do you will lose money..

Acquire an adjacent lot and develop 6 or 7 townhomes.

Additional upside can be found in the areas you mentioned - ease of access, economy of scale with service providers, time efficiency for management, possibly offering additional price points in your portfolio, ...Contiguous property is worth more to adjacent owners.

one option is to buy 4 drawers, remove 2 faces, and make the top match 4 across or do some creative painting and keep the btm wood as is.Otherwise try hoods up on natural bridge by the airport.

There is a fence running adjacent to the property, which we assumed was the property line.

@Edward Turos I've looked into military base adjacent apartments but have never pulled the trigger. 

Yes, proof of concept (POC), and architectural drawings were done due to the airport close by, and flight/height restrictions all approved in 2008.3.