High interest rates are causing price corrections in specific markets across the USA that saw massive growth and transaction volume in 2020/2021 due to low interest rates.

Lastly, get a simple software that collects rent, late fees, updates maintenance requests and tracks payments.

That being said, they appraise it a bit differently by using "Capitalization Rates" or "CAP Rates" to determine value instead us using comparable properties to establish value.

"McAllen was recognized as the third safest city by SmartAssest.com, which analyzed a core set of common safety factors, including the following five metrics: violent crime, property crime, vehicular mortality rate, drug poisoning mortality rate and the percentage of the population engaging in excessive drinking."

Condos have had generally more trouble selling because of people's general perceptions of HOA fees. 

Then I have to go for HML, with high interest rates and 12 month repayment period.

Cheaper rates usually translate to more stringent requirements for safety standards.

This can be achieved through a process called "note selling" or "note assignment" to a note buyer (investor).The terms of the note (interest rate, monthly payments, duration) are crucial as they determine the value of the note to the buyer. 

However, be prepared for potentially higher interest rates on investment properties compared to primary residences.Cash Flow Considerations:While your primary goal is appreciation, aim for at least neutral cash flow to cover your expenses.

A local credit union or bank like Pima Federal Credit Union will probably give you the best rates.