When the market is cold, you have to overcome the fear to invest.

Still, if the cash flow is very little, or even a bit negative, but you can hold on to the property for 4 or 5 years, you will gain an average 20% net worth on said property that belongs to you and only you.There is a saying I love in the stock market, but I feel it also applies to the real estate market:"Time in the market always beats timing the market"This is to say that if you hesitate and don't pull the trigger for fear of having "missed the boat" you could be missing the boat that is passing in front of you.So, to summarize, I would look at other markets, but I implore you to look for a good realtor who can provide more than just the properties.

So wouldn’t rule out Dallas for fear of completion from big investors. 

I fear investors can become fixated on market cap rates but there are so many factors that go into both high and low ends of the spectrum.High cap rates can generally yield better cash flow opportunities considering you are purchasing at a low price to NOI ratio but may be an indicator of a dwindling market considering valuations are staunched.Lower cap rates can generally yield better appreciation considering a small NOI increase can shoot values up further than that same increase in a high cap rate market. 

It was easy to live with a fear mindset in times like these but I trusted the process and am excited to be entering the multifamily, MHP, and commercial world!

I fear that I wouldn’t be to sell after terminating the lease, or that I wouldn’t get more money for the condo and now I’ve just spent more than I needed to.

I know a lot of people are afraid of the "due on sale" clause when transferring property to an LLC, but if your loan is from Fannie Mae or Freddie Mac you're able to transfer without fear of the "due on sale" clause. 

I actually truly have no idea what "worst case scenario" looks like, so maybe those are silly fears and they just take the house back?

But I fear even he can’t help you in this case. 

They might fear for their safety or the auctioneer might think of fleeing with it.....unlikely...but possible