The biggest challenge in your target community areas is going to be HOA associations barring or being able to bar LTR and STR.

My biggest challenge was educating myself on building codes to ensure that I did things right the first time.

Please know that my biggest peeve is people posting questions here on BP because they aren’t doing their own due diligence.

Most sellers, brokers, and agents keep talking about valuations without acknowledging the lack of revenue/rents on the paper they handed over.  

@Dave Moore, the biggest hurdle you will run into is the zoning. 

It looks as though Taylor and Austin are going to be some of the top contenders for Samsung's new $17B fab plant, which will be one of the biggest foreign investments in the US ever.

Maybe the biggest lesson in Real Estate..... 

Property will not fail to be treated as being held in a QEAA merely because the accounting, regulatory, or state, local, or foreign tax treatment is different from that provided in the revenue procedure.Property is deemed to be held in a QEAA if all of the following requirements are met:a.

Supposedly on AirDNA it says I could make this is revenue but I highly doubt it!

Lots of pest proofing on the exterior.The biggest project was all the ceiling and wall repair required - had to demo one ceiling where the joists were split - only 2x4s plus water damage caused a major sag.