Since you prioritize appreciation over cash flow, focus on DFW areas with strong job growth, infrastructure investment, and limited housing supply—such as Frisco, Arlington, and Rockwall.

We are new so funds are very limited, is there a process you guys use to make sure legalities are set up right, and can they charge on the close of the deal?

Any other ideas on how to ensure our funds are protected? 

Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year.  I came across a firm (KBKG) that offers a $400 DIY cost study (paying for a membership).  I enter the informat...

I would hold the cash for keys idea in my back pocket until I heard what they have to say.

Off grid sounds cool to some, but it really limits your potential guest pool.

Quote from @Samuel Coronado: Keeping it is a bad idea.

Don't let them choose for you.Just inspect what you expect....Also I would talk to housing office in Memphis to get a feel of how many people are on the Section 8 waitlist, what kind of rents they pay, what zip codes are they targeting, see if they have any stats about how long tenants stay and average rent.While a lot of people try to look at google street view to get an idea of the neighborhood, there is no substitute for visiting in person.

Also, good idea not to put it out there on the internet that you have that kind of equity, that will just attract more scammers!  

Maybe find a good designer that can provide services to install and setup the spaces.A lot of these ideas are going to depend on where you are buying.