Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

At high LTV, you need a ~1% ratio in my market with the current rates to be cash neutral if properly allocating for expenses.  

I've heard of high yield savings accounts paying close to 5% now too. 

High rise housing doesn't work either unless you want that war zone again. 

The townhome itself is decent but nothing high end.

With the rates the way they are and in my area multi-family properties are being listed for a high amount like $800k for a duplex, with 2 apartments and 1 bath each. 

One of the biggest drivers of any percent rule is how high the rent/Income is.

You can play with pricing to see how it affects demand, so you have a better idea of the quality of prospects and how many you get at different price points.You could also then modify your ad to identify a target MoveIn date and start accepting & processing applications.

See my other post:  https://www.biggerpockets.com/forums/517/topics/1196510-any-creative-lenders-for-6-unit-high-dscr-property-fast-close-needed?

If the rental is in town, maybe start looking on Craigslist, FB Marketplace and OfferUP for quality used furniture to have as backups?