Quote from @Jonathan Greene: Of your choices, #3 makes the most sense, but it doesn't have to be a house hack.

Greetings from Arizona.I am an agent in the greater Phoenix area, servicing the majority of the valley including Tempe, Scottsdale, Paradise Valley, Mesa, Chandler, Gilbert, Glendale, etc.

Quote from @Yoana Yordanova: Quote from @Jonathan Greene: Sell the townhouse.

With rising property values and high demand across the state, do you think Texas is still an affordable option for first-time homebuyers? What trends or areas are you seeing emerge as the new buyer hotspots?

Now, I’m eager to dive into real estate investing, specifically in single-family homes and multi-unit properties like duplexes.So far, I’ve read The Book on Rental Property Investing by Brandon Turner, and I’ve just started BRRRR by David Greene.

I would prefer some green areas (but should be closer to beach) so that it still is attracted to STR. 

Quote from @Jonathan Greene: Quote from @Fausto P.: Hey Jonathan thank you so much for the response.

Quote from @Jonathan Greene: There is no formula for what you want.

At that point, you'll be under contract and could perhaps renegotiate the deal as @Jonathan Greene mentioned.

You seem very green, I would highly suggest finding a property management company to do this for your while you learn the ropes and how things work.However, you can also get a copy of "The Book on Managing Rental Properties" by Brandon Turner, and get some really good information.The main one's to consider are:Background check - totally clear, or will you allow certain thingsEviction history - totally clear, or will you allow if no evictions for last xx yearsIncome Requirement - usually 3x the cost of rentCredit History - totally clear, or will you allow certain thingsPets - yes or no, size, type, number of pets allowed, extra pet deposit/feeAgain, I highly suggest a property manager to assist you with this.