This influx ensures a steady pool of potential tenants for rental properties.Buyer's Market: As of December 2023, Katy is a buyer's market, meaning property supply exceeds demand. 

The caveat here was that it was family.So answering your questions:- A course could be good, but I haven't done any, always my recommendation is to have your hands dirty.

FYI: HIGHLY recommend having attorney prepare an agreement they sign BEFORE the test!

Hi Erwin, do you have a mortgage broker you can recommend?

Does anyone have experience in this market and can recommend good local managers?

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Would you all recommend purchasing SFR over small MFR? 

Are there any neighborhoods which folks would recommend for a passive, newbie, out-of-state investor, to invest in ? 

-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.

I am looking to connect with seasoned investors who can offer advice and possibly recommend trustworthy contractors and inspectors.