Mortgage, including insurance, escrow etc. is $589.

Seeking guidance on:- Filter Criteria: Key factors for evaluating multifamily properties in Texas?

Cost will include purchase price + Rehab cost. 

Network and Relationships: Investor-friendly agents often have extensive networks within the real estate industry, including connections with banks, attorneys, foreclosure specialists, and other professionals who might have leads on distressed properties or motivated sellers.

Also, I believe their fee includes a lot of training to educate you on how to minimize taxes.

Not including any repairs or renovations that’ll be necessary.

So as others have stated experience is definitely a key factor but I feel like across all of these experiences there are a number of inefficiencies at play.However the fact that no investors have responded to my post indicates perhaps I've just had really bad luck.

I'd like some reviews on property management companies in these cities as that will be a big deciding factor for me since I will be an out of state investor and this will be my first investment!

As my avg rental period is <8 days, and I have <14 days personal use at the property and believe I can meet the material participation test, this should be a non-passive activity.Specific Questions on Material Participation:1) Do hours logged for material participation in 2022 include time prior to placing the property in service (i.e. first half of 2022)?

For MF you should treat it like a business and increase NOI through opex discipline or rent growth factors.