It handles all my maintenance tickets, communication with tenants, rental payments, screening, receipt tracking, listing etc (I haven’t used the listing service yet but they offer it for free).

A lot of investors (especially OOS) have very little idea what is really going on with their property - or specifically in some cases, how bad it is and what the PM has to deal with.The second issue is that a lot of new investors have unrealistic expectations of what a PM can do and what the cost of these things is.

You are 100% on the right track. 2-1 buydowns are attractive options offered by sellers/builders to help improve monthly affordability but in all reality you aren't saving anything. 

Does it have to be specifically a hospitality appraiser or can just a commercial appraiser do it?

showing how others have overcome basically every conceivable obstacle, just need to find the ones that work well for your specific situation.From the description you gave it sounds like a great place with some good family history, so it would be a bummer to have to sell.

If you can share some specifics of what Brian Burke did to protect LPs, that'd be great! 

Sorry but can you be more specific?

{Phone}"I already know terms are crucial so I'm offering 0 down, then $99/month until paid off.

It's to designate specific beneficiaries similar to a will so there is no confusion when we pass.

Even if you’re focused on Houston, the same principles apply—finding areas with promising growth and strong rental demand.Strategic Growth:Since you’re considering building up to 10 properties in the next decade, you might want to look at markets that offer both affordability and growth potential.