Quote from @Michell Chase: It isn't a large amount but my concern is that if I remove the tenant in July I have no deposit in the event that there are damages to the unit. 

I recently went back to school and racked up student loans onto my already high balance.

This could be a fantastic way to invest, receive higher returns than you would in SF, all while learning along the way.3.

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation.  

Jarrell is on the north side of Georgetown and within the very fast growing Williamson County.

I know someone who does this but they won’t give up the secret.  

How much of your free-time goes into research versus actual hands-on work on-site?

.: The available/start date is the day the unit is ready for a tenant to occupy.

Now, I'm looking to dive a little bit more into the buy-and-hold strategy.Could you expound more on what you mean by not having much competition on 4 - 8 units? 

In general, if there's nothing in zoning or the deed restrictions prohibiting the division of the property, it's mostly just getting it resurveyed and presenting the new subdivisions to the local government (county usually) to have each lot recorded as separate parcels.